Why the ‘Right’ Retirement Age Doesn’t Actually Exist

A retired couple outside.
pikselstock / Shutterstock.com

In the midst of the Great Depression, the passage of the Social Security Act established a national retirement age of 65 as the standard, guaranteeing that older workers could retire and receive crucial benefits for the first time in U.S. history. The average life expectancy in 1935, however, was just 58 for men and 62 for women. Only a little more than half of the nation’s men were expected to…


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