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re: Social Security related - Life Expectancy reduction

Posted on 8/13/23 at 2:54 pm to
Posted by Bdiddy
Member since Jul 2021
311 posts
Posted on 8/13/23 at 2:54 pm to
If you are a white male who reaches age 65, you have just over an 18 year life expectancy according to the CDC and NIH. If you are extremely healthy, which most people aren't, you have a pretty good chance to make it to age 90. Life expectancy tables from birth aren't helpful when planning for retirement.
Posted by slackster
Houston
Member since Mar 2009
91320 posts
Posted on 8/13/23 at 2:59 pm to
quote:

But taking distributions from an IRA and investing SS money does increase taxable income over those who may defer some IRA distribution for the SS money.


If you’re taking SS and investing it, taking distributions from your IRA/401k that are optional, and paying taxes, outside of a couple very specific circumstances, you’re an idiot.
This post was edited on 8/13/23 at 3:00 pm
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
79133 posts
Posted on 8/13/23 at 3:07 pm to
quote:

Life expectancy for people that are already dead seems pretty useless.


Yep.

That doesn't add up anyway. The average age of Covid fatalities was 78 which was older than the previous average.

Also, those graphs imply life expectancy was increasing before the pandemic. It dropped slightly in the 2010s.
Posted by JawjaTigah
On the Bandwagon
Member since Sep 2003
22898 posts
Posted on 8/13/23 at 3:22 pm to
All alchemy and snake oil.
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