In 1935:
- Average life expectancy was under age 60
- Most people would not live to collect
- Worker/retiree ratio 160 to 1
- Benefits paid annually were $35 million
- Poverty rate for Seniors exceeded 50%
In 2016:
- Average life expectancy is 85 years old for men and 88 for women
- People are outliving their retirement savings
- Social Security is 40% of retiree income
- Worker/Retiree ratio is 3 to 1
- Benefits paid annually are $816 billion
- Poverty rate for Seniors is less than 9.5%