Actually, the life expectancy at age 65 is higher than age 78, due to earlier mortality lowering the average of the entire population.
For those who reach age 65, the average life expectancy for men is about another 19 years, and for women another 21 years.
Before Obama hit the medical industry, that is. Now, who knows?
Right. I check the population statistics once in a while. It should be easy for actuaries and statisticians to come up with working data to perform some better projections for SS.
Have noticed that my grandparents had 9 children and 32 grandchildren. Since that generation, the number of children per family has decreased from 0 to 1. I have 4 offspring to support my SS benefits - in addition to the 40 years I and my employers paid into it.