Home Breadcrumb caret Economy Breadcrumb caret Economic Indicators Breadcrumb caret Industry Breadcrumb caret Industry News Long-lived rich skew retirement debate People are generally living longer, healthier lives. But in the U.S., it’s the higher income earners that are skewing the debate about whether the government should increase the retirement age, reports The Washington Post. The rich are living about 4.5 years longer than the poor (as of 2000). Part of this is the result of […] March 12, 2013 | Last updated on March 12, 2013 1 min read People are generally living longer, healthier lives. But in the U.S., it’s the higher income earners that are skewing the debate about whether the government should increase the retirement age, reports The Washington Post. The rich are living about 4.5 years longer than the poor (as of 2000). Part of this is the result of having access to better medical care and health education. Meanwhile, it’s the poor that will suffer most if the age at which they receive benefits continues to increase. Read more. Also read: Canada vs. the U.S.: Does our retirement funding stack up? 3 steps government can take so Canadians save more Help clients secure their retirements Hot topics: CPP and OAS new rules Save Stroke 1 Print Group 8 Share LI logo