Are you sure about that? The statistic I always heard is that we have seen a 1 year rise in life expectancy every 4 years for the past 80 years.
I don't necessarily agree with the Ponzi scheme. If the ratio of old people to young people is constant then the system can be made to work with setting the retirement age without changing the burden on the young. The issue is that this ratio was reduced because the population isn't growing anymore. We need to find a new retirement age to balance this (or start a transition to a saving scheme, which might take at least 100 years).
I have a great grand parent that made it to 90+ with relatively little clinical care. So human's life expectancy didn't change much. What changed is that many humans died of what is now preventable causes (ie: diabetes).
Are you sure about that? The statistic I always heard is that we have seen a 1 year rise in life expectancy every 4 years for the past 80 years.
I don't necessarily agree with the Ponzi scheme. If the ratio of old people to young people is constant then the system can be made to work with setting the retirement age without changing the burden on the young. The issue is that this ratio was reduced because the population isn't growing anymore. We need to find a new retirement age to balance this (or start a transition to a saving scheme, which might take at least 100 years).