When I'm 65
Synopsis
The retirement age for social security, set in 1933, was based on a life expectancy that rarely exceeded ten years post-retirement.
Synopsis
A group of experts discusses retirement planning in a world where life expectancy is increasing. The documentary features the Investor Protection Trust and other organizations that provide educational resources. It addresses challenges such as the 65 retirement age established in 1933 and the financial difficulties many face. The film emphasizes the need for early planning and realistic expectations to secure a comfortable retirement.
Deep Dive
Why Watch
- Find out why retirement planning is more crucial than ever.
- See how life expectancy changes affect financial security.
- Meet experts discussing the future of retirement funding.
Did You Know
- The retirement age for Social Security was set at 65 in 1933.
- Life expectancy for young people is increasing, with many living into their 80s and 90s.
- Most people expect to work for 40 years and then support themselves for at least 20 years in retirement.
Perfect For
Frequently Asked Questions
What organizations contributed to the documentary 'When I'm 65'?
Contributors include the Alabama Securities Commission, the Iowa Insurance Division, the Michigan Department of Licensing and Regulatory Affairs, and the Pennsylvania Department of Banking and Securities.
What is the average life expectancy mentioned in the documentary?
The documentary notes that life expectancy is increasing, with many people living well into their 80s and 90s.
What was the retirement age for social security established in 1933?
The retirement age for social security was set at 65 in 1933.
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