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Here is the table of Life expectancies:

Keep in mind these numbers are the number of years until 50% of the people die. i.e. if your current expectancy is 18 years - 50% of folks your age will live longer.

Keep in mind, a lot of people in our society are obese, smoke, do not exercise, etc. All those things have an effect. You know your family history - if people life longer or shorter lives that matters. Certainly on any given day, some fool can run a red light for the big Lights Out Event.

You seem more informed than many asking these questions, but I trust you understand you cannot collect your SS and a spouses after the spouse dies. You can get either one, but not both.

The withdraw 2% is rather extreme. If you took 2% (with no increase for inflation) money would last 50 years -- 0.02 time 50 years = 100%. Few people getting social security live 50 years. I am not saying take out 4%, but somewhere between 3% and 4% will is very likely going to last longer than your lives if you put the money in something that grows with the stock market -- for example Vanguard's Wellington Mutual fund as an example.

I don't know about your social security office, but I can tell you here in Atlanta, the folks are no where near as helpful as the folks on the phone. I think that is because the local office is covered up with people trying to get disability benefits and other non-retirement items.

This is the crazy season of an election year. Politicians will say anything to get elected. But social security is not going away and neither are COLAs. People think their personal cost increases should be covered by a COLA. Well that is not the idea. We see gasoline going up, but we don't balance that in our minds against price declines in computers and cars. We see medicare premiums going up, but we would not for a minute want to give up the newest cancer drug or or surgical technique. COLAs are designed to increase payments for the same stuff, not new or improved.

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