The Social Security Act was passed in 1935 guaranteeing retirement pensions to all Americans over the age of 65. Sounds like a good deal — except for the fact that the average American life expectancy back in '35 was 61.7 years. http://www.newsmax.com/ArmstrongWilliams/Social-Security-life-expectancy/2013/11/19/id/537472/ Here's the thing, times change and so must the laws. Today the average life expectancy is 78.74 years. We need to start making it culturally norm to retire at 70, and we need to move Social Security benefits up to 70 as well. There is no way we can sustain this current system.