pull down to refresh
about 800% for one unbroken FRED database that goes back to then https://fred.stlouisfed.org/series/CES0500000030.
Almost 1,100% if we use the Social security wage index (you being a luxury communist boomer lover and all), https://www.ssa.gov/oact/cola/AWI.html
You had to stick that in, didn't you?
YES!
It was, sort of, relevant!
I'm defending my peers. MY SS is so tiny it's embarrassing. The average ( you like averages) SS payout is $1800/month. Not exactly living large in the good ole USA. AND it's taxable. And it is offset by any income you may earn elsewhere dollar for dollar until you turn 67. Europeans would hate this system. What's the retirement age there. 35?
AND, they automatically deduct crappy mandatory Medicare premiums.
The difference from these figures is likely only a few months. These are the legal retirement ages without a penalty. Many people retire earlier, but with a penalty.
what, an internet map showing some random shit IS WRONG?!
On a forum known for impeccable accuracy?!
I'm shocked, honestly
what do you mean, looks like a great life?
Also, free entry to the golf courses
also: https://www.givingwhatwecan.org/how-rich-am-i?income=21600&countryCode=USA&numAdults=1&numChildren=0
amazing! I thought it was curious that googling for "born in the USA" would show Siggy, but I guess the AIs are getting smart now?!
No, the LE67 in the US is like 15 years. Nice try fudging the statistics, tho.
More snarky: tell me how you understand neither life expectancy nor CPI without telling me...
You're correct. Using the Social Security (?) calculations it's like 16 years. However, I shouldn't have used that stat anyway, since it's a predictor of those who make it to 67. More relevant would be the average lifespan of a man born in 1959 in the U.S. - 73 years.
No. This is what I suspected was the core problem, hence my snark: you don't understand what life expectancy is.
You made it to 67, along with all the others who did. So the relevant stat is forward-looking from here (with the crowd characteristics and threats to wellbeing going forward, not accounting for infants who died 66 years ago or soldiers or car accidents 35y ago)
Social security actuarial tables
Yes, that would give a better idea. I can't find any charts right now, but I think I saw one a while back that showed that inflation-adjusted wages were practically the same in 1970. But I could be wrong!
I would really like to see included wage data too. My guess is it won't be nearly as dramatic, but maybe I'm wrong.