When Social Security was first established it was not expected that more than half of those paying in would ever collect any benefits, since the eligibility age was higher than average life expectancy, and it was not envisioned that life expectancy would rise to what it is today. Originally few of those that did live to collect benefits collected them for more than a brief period as compared to what recipients now collect. The eligibility age should have been adjusted for life expectancy long ago and on an on going basis, but the political will just hasn't been there to do the responsible thing.
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