A long, fruitful retirement is a concept that’s only a few generations old. If you recall from our discussion earlier, when President Franklin Roosev… - Tony Robbins

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Engraved portrait of Tony Robbins, facing left

A long, fruitful retirement is a concept that’s only a few generations old. If you recall from our discussion earlier, when President Franklin Roosevelt created Social Security in 1935, the average life expectancy was just 62. And the payments wouldn’t kick in until age 65, so only a small percentage would actually receive Social Security benefits to begin with. At the time, the Social Security system made financial sense because there were 40 workers (contributors) for every retiree collecting benefits. That means there were 40 people pulling the wagon, with only 1 sitting in the back. By 2010, the ratio had dropped to only 2.9 wagon pullers for every retiree. The math doesn’t pencil out, but since when has that stopped Washington?

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About Tony Robbins

Anthony Jay Robbins (born Anthony J. Mahavoric; February 29, 1960) is an American author, coach, speaker, and philanthropist.

Biography information from Wikiquote · Portrait adapted from Wikimedia Commons, Randy Stewart (CC BY-SA)

Also Known As

Birth Name: Anthony J. Mahavoric
Native Name: Anthony Jay Robbins
Alternative Names: Anthony Jay Mahavoric

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