Three Leg Stool:
Social Security, Savings, & Pension
I was reading the SSA Actuarial Life Table and was wondering if this information was even useful. According to the table I was to live to 78.5 years and my wife was to last to 82 years. She is younger so she has the double jump on me.
There are many sides to this information to think about. The first is the information correct? The data here is compiled from all the people in the country. There are so many variables which can change the results. Family history, marital status, lifestyle all are factors which can change the outcome. Also there is the factor of the random act that ends your life before the age factor takes effect. (Example: getting hit by a truck walking across the street.)
