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Although this increase would provide an extensive retirement income for the parents of the boomers, people from the boomer generation did not repeat the procreation; leaving themselves without the necessary population to fill the void for their security and pensions. Another factor that the founding persons of the current Social Security Act couldn’t have prepared for is the growth of health care technology, causing longevity for the Baby Boomers. The average life expectancy in 1935 was around 61 years of age, but as of 2001 this age had increased to over 77. Without any way to make up financially for the deficit of potential participants paying to the Social Security pot, this retirement fund will surely become depleted...
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