Lyceum Society: Looking At Old Age as a Period of Development—Beyond Nutrition and Exercise
Thursday, March 16, 2006
Presented by the Lyceum Society
Speaker: Gerald Sabbath, PhD, co-founder of Lyceum Society
When Social Security was established in 1935, people lived, on average, to 62—companies had no problem planning and paying since few people were alive to use it. Today the average life span in America is an astonishing 77.4 years—16 countries do better, including Italy. When Bismark first introduced state pensions in the 1880s, they started at age 70, some 20 years more than the typical life span at the time—so the state paid very little for the program. And that's only the economics of it. Psychiatrist Gerry Sabbath will delve into the human parts of old age.