Off topic: Serious and non-serious infographics

An animated chart that shows the U.S. population distribution by age from 1950 to 2050, which could be helpful in figuring out when health care expenses might rise sharply. (Thanks, Marginal Revolution) And, if you’re in the college-slacker state of mind, you might get a chuckle or two from the The 50 Funniest Internet Infographics. (The politically correct need not click.)

 
 

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  • The most interesting thing about the animated census charts is the difference between 1950 (roughly triangle shaped with a bite for depression babies and a bulge for baby boomers) and 2050 (roughly columnar with a big spike for over 80). This difference is the reason economists and demographers are saying that social security can’t pay for retirees after (choose one) 2020, 2030, 2040.

    What’s to do? Retire later than 65–in most cases a lot later. For example, I’m 74, retired at 64, but am still working (and paying social security taxes) at a different job. I’m betting that even without further changes to the social security law, people will retire later, on average, in 2030 than they do today, just because they will need the money.

 
 
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