The Social Security retirement age: Who’s really living longer?

[FogerRox]

10. Rec #5, Very important point that is not that well known.

When you've had the best of medical care your entire life and you've never done physically demanding work, you live longer.

This sort of info can play into the debate of whether or not to remove the cap and what the implications are.

Removing the cap for a person who makes 20 million a year, and is more likely live into their early 90's, means collecting about $168,000 in SS Benefits a year. If that person lives to age 91, they live 10 years longer than a worker in the bottom 50%.

At age 91, thats 346k per year in SS benefits.

When that worker at the bottom 50% dies at age 81, the rich person will be collecting about 275k a year.