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Reply to "Why do people think Retirement Age is 65?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]So many people are dying before 65 that retirement at SS is a prize. [/quote] Actually, premature mortaility (death before 65) happens to only 10-15% of Americans. The U.S survival rate is actully quite high. Americans have a 75-80% chance of living to age 70.[/quote] The Rich, Broke or Dead calculator is fun to play with - it gives you a visualization that looks at the question of whether your retirement savings can last long enough to support your retirement spending and combines it with average US life expectancy values to get a fuller picture of the likelihood of running out of money before you die. https://engaging-data.com/will-money-last-retire-early/[/quote]
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