Quote:
Originally Posted by redpoint5
When social security was enacted into law, most people didn't make it to 65 to collect it.
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Ok so I did the math.
In 1935 (when Social Security was enacted) the average couple had around 6.25 children.
But around 7.95% of those children didn't make it past 5 years old. So more like 5.75 made it past that, and pressumably to adulthood.
With that, the average life span was 60.7. But if we take out the ones that died young, it becomes 65.9. So the average person between 5 and up lived to be that age.
However, this brings up another interesting fun fact. If the average family had nearly 6 children that lived to adulthood, they must have had a very large workforce comprised of younger adults and very few older ones. This is very different today with the average American couple having less than 2 children.