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In each of the last 23 years, ... 1960 or later. 70%. 75%. 80%. 86.7%. ... and 70. Let's briefly dig into the pros and cons of these three claiming ages and take a closer look at what the average ...
The current figure of 76.1 years is the lowest since 1996. Compare that to the U.K., Belgium, France and the Netherlands, which boast expectancies of 80 or more — and Japan, where it’s 84.5 years.
On the whole, emotional well-being does get better in our later decades. Recent AARP research showed that more than four in five people 60 and over feel happy and are optimistic about their future.
Income over a threshold ($110,100 in 2012) is not subject to the payroll tax, nor are additional benefits paid to those with income above this level. Removing the cap would fund the entire 75-year shortfall. Raising the retirement age gradually. Raising the full-benefit retirement age to 70 would fund half the 75-year shortfall.
AARP says 53% of households 75-and-over had debt in 2022, compared with just 32% in 1992. Meanwhile, Americans of all ages are struggling with debt. According to the Federal Reserve, credit card ...
Most adults would prefer to age in place—that is, remain in their home of choice as long as possible. In fact, 90 percent of adults over the age of 65 report that they would prefer to stay in their current residence as they age. [5] One-third of American households are home to one or more residents 60 years of age or older. [6]
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