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%