isn’t totally freaking me out comes from Discriminations.
Assume the life expectancy numbers are correct. (Theyâ€™re best estimates, and may be understated.) Six years added to a 40-year working life represent a 15 percent increase, the equivalent of nearly two extra months of work a year. Thatâ€™s a lot of economic potential, especially when you multiply it by 79 million baby boomers.
If we don’t retire as early as 65 (or perhaps ever), then the MD makes sense.
If we need to retire at the age our fathers did, we are SOL.