Long Life and Inequality

As healthy life extension becomes more prevalent, societal consequences are more visible.

Financial Planners have talked about longevity risk - where people outlive their retirement savings because life extension blew through the accounting parameters.  A new consequence is arising because healthy life extension is unevenly distributed, currently by income. Poorer people will pay into social security for benefits they may never receive because life extension is skewed towards the better off.  So, poorer people will pay to fund the retirements of the wealthy. The Economist explains: http://www.economist.com/blogs/democracyinamerica/2013/03/wealth-inequality?fsrc=scn/tw/te/bl/yourmoneyyourlife



photo tnx to: http://www.voxxi.com/life-expectancy-70-new-30/