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Life expectancy is 47 years.
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Franklin Delano Roosevelt signs the Social Security Act.
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More than 40 workers for every 1 retiree.
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Life expectancy is 68 years.
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Congress passes amendments to Social Security act that establish Medicare benefits.
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5 people working for every 1 retiree.
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4 people working for every 1 retiree.
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Life expectancy is 78 years.
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Stock market drop wipes out an estimated $2 trillion in retirement savings.
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The first group of Baby Boomers turns 65.
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1 in 4 people will be over age 65 in the United States.
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2 people projected to be working for every 1 retiree.
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About 17% of the world's population is projected to be 65 & older, up from about 8% in 2011.