Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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#17
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Social Security’s financing issues are the result of failure to adjust FICA rates in the 1990s, and subsequent years. In 2000 the Social Security trust funds were so well funded they were on a track to own the entire US national debt by 2010. Then 9/11 happened, the War On Terror spending, with no taxes to pay for it, happened, and the baby bust of the mid 1990s continued and accelerated. Bad decisions and grim statistics. |
#18
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I come from a family of longevity. Into the 90’s and even 2 mos shy of 100 for one grandparent. I always thought the longer one lived the better. But now life is not about longevity and more about quality which includes healthy contributions to society. Life is good, family and friends are great and being with them is tops but we all will die one day. No need to fret as to when. After all, for anyone who is a believer shouldn’t there be at least a tiny part of us looking forward to our earthly death?
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#19
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If you hunt through the link, you'll find a "life expectancy" table for sex and race by year of birth. As an example, I was born in 1944. Our son was born in 1975 and, in his year of birth, he had five years of expected additional life compared to mine when I was born. These expected additional years continued to increase in each successive year up to "covid", due to factors such as greater access to health care, improvement in medicine, vaccinations, safer automobiles, and, more importantly, the dramatic reduction in smoking. What is more interesting, and what I can't find in the cited link, is a dataset which shows the increase in additional years of life for each group by birth years. Put another way, for the group born in each year, their additional years of expected life did not remain constant but steadily increased from what it was in their year of birth. This was due to the removal of people in the group who did of childhood diseases, military service etc. as well as the factors noted in the last paragraph such as better health care, reduced smoking, and safer automobiles. This increase continued until "covid" resulted in a small reduction. This means that the annual increase in each year's additional years of life will show a significant increase in the coming years as those who contracted covid die off. Understanding "death rates" and "life expectancy" is very complicated. Actuaries pore over the government's statistics with fine tooth combs in order to provide information to those in charge of setting premiums for medical insurance, life insurance, and annuities. However, they make mistakes, such as noted by the RP about Social Security, by failing to note the large increase in the additional years of life for those in our generation. This resulted in a combination of too little being collected by the FICA tax along with too generous entitlements being passed out for political purposes. The greatest mistake was when Lyndon Johnson "converted" the Social Security trust fund to a piggybank which he could spend to finance both the Great Society and the Vietnam war, thereby making Social Security benefits just a regular budget item to be fought over each year in Congress. |
#20
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My life expectancy was 58.5 years and I've beaten that by 30. But then, I intend to live forever - so far, so good.
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#21
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Depends if born poor or well off all things are not equal. Got add in self destruction and ability to over come and be smart enough to increase the odds. Last or not add in things totally out of individuals control cancer, hit by drunk, airplane crash, dozens more.
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#22
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I’ve been on borrowed time for 21 years….
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#23
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I don't understand this thread. When I was born, I didn't expect anything. I couldn't even count.
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#24
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Maybe you didn’t know what you was missing?
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#25
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Those numbers are not very useful today. It is better to consider how long you will live based on your current age. Issues such as infant mortality are then excluded as well as whether you will die in a war. There are numerous websites that will provide estimates.
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#26
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LawGolfer took that into account, obliquely, once you hit a certain age, you have passed most of the dangers, except the exceptional ones you mentioned. Then we're just facing old age baby. |
#27
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My mother died at 106 with full mental capabilities and did not use assistive devices to walk. Her mother, my grandmother, died at 104. and was also healthy at the end. My mother was the oldest of 12 and outlived all but 4 of them.
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Columbus OH, The Villages - Amelia |
#28
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xxxxx
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Columbus OH, The Villages - Amelia Last edited by jojo; 10-27-2024 at 07:05 AM. Reason: double post |
#29
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Me Too! |
#30
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My grandfather, heart attack at 50, lived to about 70 My father, heart attack at 60 1986 in the hospital, participated in the first modern day drug trials for heart attack drugs, lived to 90. . .beat colon cancer with surgery after a bleeding intestine, beat skin cancer, all due to great healthcare and a 24x7 nurse (my mom), added life span 25 years. . . made my dad eat exactly per cardiac survivor diet, hated it, and exercise per cardiac directions. My mother, born 1926, going to be 98 in Dec, never drank alcohol, walked everyday, took medications for osteoporosis for many years, ate home cooked fresh food as much as possible. current medication list: nothing pharmaceutical. Has dementia/alzhiemers from loss of hearing and highly introverted. Looking at the stats, lifestyle and available healthcare made all the difference in the world. Last edited by CoachKandSportsguy; 10-27-2024 at 08:02 AM. |
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