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Posted: 12:00am by & filed under Lifestyle

As the world evolves with new innovative technologies, medicine and lifestyles, so does the average life expectancy. A recent study has shown that changes in our current society could indeed make 60 the new 50.
 
Warren Sanderson, a scholar from the International Institute for Applied Systems Analysis (IIASA) and Sergi Scherbov, the program director for the World Population Program, have been doing research on the lifestyles of people today and how that affects life expectancy. This study is pushing for legislators, institutions and organizations to re-evaluate the policies in place that affects retirement age, social security and other limitations due to age.
 
The minimum age of receiving full retirement benefits is at 62 years old, but with new medicines and the population living a healthier lifestyle, the age of retirement is increasing.
 
Sanderson and Scherbov’s new study uses new measures of aging with probability-based projections to scientifically illustrate that one’s actual age is not necessarily the best measure when enforcing policies, but rather aging should be based on the number of years people are likely to live. Sanderson states that older people today are more healthy, active and productive than they were 70 years ago and organizations should enforce new restrictions based on this study.
 
Read more of this study in Forbes' Investing section here
 
Sources:
“Retirement Planner.” Social Security Administration. https://www.ssa.gov/planners/retire/retirechart.html

 

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