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1994-96 Advisory Council Report

 
                         
  TABLE 1.D UNISEX LIFE EXPECTANCY AT RETIREMENT BASED ON PERIOD LIFE TABLES AND RATIO OF LIFE EXPECTANCY TO POTENTIAL WORKING YEARS  
                         
                         
            Life Expectancy          
                         
  Year         Retirement Age          
    65 66 67 68 69 70 71 72 73 74 75
                         
  1940 12.71 12.12 11.55 10.99 10.45 9.92 9.41 8.92 8.45 7.99 7.56
  1960 14.52 13.89 13.28 12.69 12.10 11.53 10.97 10.42 9.90 9.38 8.88
  1980 16.33 15.67 15.03 14.40 13.79 13.19 12.60 12.03 11.46 10.92 10.38
  1990 17.09 16.42 15.76 15.11 14.47 13.85 13.23 12.62 12.03 11.46 10.90
  2000 17.49 16.79 16.11 15.45 14.79 14.15 13.52 12.90 12.29 11.69 11.11
  2010 17.83 17.12 16.43 15.75 15.09 14.43 13.79 13.16 12.54 11.93 11.34
  2020 18.25 17.53 16.83 16.15 15.48 14.82 14.17 13.53 12.90 12.29 11.69
  2030 18.68 17.96 17.25 16.56 15.88 15.21 14.55 13.90 13.27 12.65 12.04
  2040 19.10 18.37 17.65 16.96 16.27 15.59 14.93 14.27 13.63 13.00 12.38
  2050 19.51 18.77 18.05 17.34 16.65 15.97 15.29 14.63 13.98 13.35 12.72
  2060 19.90 19.16 18.43 17.72 17.02 16.33 15.65 14.99 14.33 13.69 13.05
  2070 20.29 19.54 18.80 18.09 17.38 16.69 16.00 15.33 14.67 14.02 13.38
                         
        Ratio of Life Expectancy to Retirement Age - 20      
            (X 100)          
  Year         Retirement Age        
    65 66 67 68 69 70 71 72 73 74 75
                         
  1940 28.24 26.35 24.57 22.90 21.33 19.84 18.45 17.15 15.94 14.80 13.75
  1960 32.27 30.20 28.26 26.44 24.69 23.06 21.51 20.04 18.68 17.37 16.15
  1980 36.29 34.07 31.98 30.00 28.14 26.38 24.71 23.13 21.62 20.22 18.87
  1990 37.98 35.70 33.53 31.48 29.53 27.70 25.94 24.27 22.70 21.22 19.82
  2000 38.87 36.50 34.28 32.19 30.18 28.30 26.51 24.81 23.19 21.65 20.20
  2010 39.62 37.22 34.96 32.81 30.80 28.86 27.04 25.31 23.66 22.09 20.62
  2020 40.56 38.11 35.81 33.65 31.59 29.64 27.78 26.02 24.34 22.76 21.25
  2030 41.51 39.04 36.70 34.50 32.41 30.42 28.53 26.73 25.04 23.43 21.89
  2040 42.44 39.93 37.55 35.33 33.20 31.18 29.27 27.44 25.72 24.07 22.51
  2050 43.36 40.80 38.40 36.13 33.98 31.94 29.98 28.13 26.38 24.72 23.13
  2060 44.22 41.65 39.21 36.92 34.73 32.66 30.69 28.83 27.04 25.35 23.73
  2070 45.09 42.48 40.00 37.69 35.47 33.38 31.37 29.48 27.68 25.96 24.33
                         
                         
                         
                         
                         
        Retirement Age for Year Equivalent to 65 for Base Year    
            (Years.Months)          
  Year         Base Year            
    1940 1960 1980 1990 2000 2010 2020 2030      
                         
  1940 65.00                    
  1960 67.00 65.00                  
  1980 68.11 66.10 65.00                
  1990 69.08 67.07 65.09 65.00              
  2000 70.00 68.00 66.01 65.05 65.00            
  2010 70.04 68.03 66.05 65.08 65.04 65.00          
  2020 70.09 68.08 66.09 66.01 65.08 65.05 65.00        
  2030 71.02 69.01 67.02 66.05 66.01 65.09 65.05 65.00      
  2040 71.07 69.06 67.07 66.10 66.05 66.02 65.09 65.04      
  2050 71.11 69.10 67.11 67.02 66.10 66.06 66.01 65.09      
  2060 72.04 70.02 68.03 67.06 67.02 66.10 66.05 66.01      
  2070 72.08 70.07 68.08 67.10 67.06 67.02 66.09 66.05      
                         
  Based on Intermediate Projections of the 1995 Trustees Report          
                         
                         
                         
                         
                         
        Office of the Actuary          
        Social Security Administration            
        14-Jul-95               
 
 
 
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