Film Lens
The documentary 'When I'm 65' examines the challenges of retirement planning in the context of increasing life expectancy. It discusses how advancements in medical science and nutrition have led to longer life spans, which in turn requires individuals to reconsider their financial strategies for retirement. The film shows the reality that many people are unprepared for the financial demands of living longer, often leading to fears of outliving their savings.
The film also addresses the historical context of retirement, noting that the age for Social Security benefits was set at 65 in 1933 when life expectancy was much lower. It emphasizes the need for proactive planning, as many individuals do not think about their retirement until it is too late. The documentary suggests that while the problem of funding retirement is complex, it is solvable through careful planning and education.
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
Future retireesFinancial plannersYoung professionals