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What Social Security has yet to get right: It’s your maximum age of life that matters
(BY - LAURENCE KOTLIKOF, www.pbs.org)
I’m appalled by Social Security’s ongoing effort to mislead the public into thinking they should focus on their life expectancy instead of their maximum ages of life in deciding whether to take their benefits early. Social Security has a warning on their website that many people will live beyond their life expectancies. But their life expectancy calculator, simply by its prominent position on their website, strongly encourages people to focus on life expectancy when it comes to collecting benefits. This is absolutely disgraceful and should be removed. Read more…
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