How Many People Will Be Retiring In The Years To Come?
The daily rate of people aging into retirement (i.e. turning 65) will peak in 2022 at just below 12,000. Over the next two decades, about 10,000 people will turn 65 every day. This impending milestone is set to tax the resources of the Social Security Administration at a level not yet experienced in the system’s 84-year-existence.
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