Originally Posted by deserat
The assumption of poorer health is a new one to me.
Reminds me of the retiree studies where the company (or the researcher) eventually realizes that most of the retirements were related to medical reasons, with the retirees shortly thereafter succumbing to those same medical reasons.
IIRC Bismarck or the govt eventually relented at how few were able to qualify and lowered the eligibility age to 65, which was shamelessly copied by the U.S.
Much of the fuss over the worker/beneficiary ratios seems to overlook the possibility of immigrant workers. And then there's the perpetual condundrum of whether people are going to be drawing on SS earlier than their full retirement age... when most of them are presumably so savaged by the recession that they're forecast to be working right up to that same FRA.