Comes down to life expectancy and social sec
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life expectancy and social security.
Hovering at 74-75 on average for those born before 1980. With 62 1/2 - 66 being retirement age. So that implies Social Security was to cover 10-12 years on average.
Life expectancy is up. So it comes down to how you fix that curve. Social Security bankrupt in 2033. Leaving those born after 1958 comes up short of the average. Best guess the Obama shorten 2033 by 7 years.
Curing some of the biggest killers is not good business.
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