Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

Retirement Revelation: 87 is the New 65!

16 Jul 2024 · 1 min

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0:53

A short YouTube segment (uploaded/created by Richard Canfield) in which a speaker cites Todd Langford's mathematical analysis to argue that, because life expectancy has increased since the 1930s, the historical retirement benchmark of 65 should be updated to 87 — i.e., people in 2024 should work full time until about age 87.

Chapters

Todd Langford did some math around this. In the 1930s, when age 65 was put forth as something that mattered, life expectancy at the time was literally 66 or 67. Just for the generic person that age 65, as we know, never got moved forward. Well, if you do the math based on how long human beings are living today, Todd Langford has done the math. Age 87 should be the new age 65. In other words, where people are now absolutely working full time until 65. People in 2024 should be working full time until they're 87.