drplokta: (Default)
posted by [personal profile] drplokta at 01:17pm on 29/11/2006
Look at it the other way around. In 1970 you could expect to get your pension for 15 years (female life expectancy in 1970 of 75, retirement age of 60). In 2000, you had that same 15 years (female life expectancy of 80, retirement age of 65). In 2035, assuming life expectancy continues to increase by two years per decade, you can actually look forward to 19 years of pension. So your retirement period is getting longer, not shorter.

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