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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.
to your edit: the wiki link is much more updated and shows you those that are wrong in your 2021 map.
Also note that since I am not 67 yet, some of the things listed as current are already known to change before I turn 67, and some countries move faster than others (Belgium moving pretty quickly with their increases now for example, also because they postponed the decision for 2 decades haha)
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)
But that's not you; because out of the sample of guys who did that, quite a few of them have already fallen off.
Plus — and here I'm guessing cuz I don't know the details of SS payments — I don't presume they cut you off at 73, do they? (They pay until death, whether 73 or 103)
Social security actuarial tables
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