About 69% of Americans live to see their 70th birthday, according to data from the Social Security Administration.
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Most Americans retire between the ages of 60 to 70, with the average age being around 65. However, retirement age can vary based on individual circumstances, such as financial stability, health, and personal preferences.
Oh, dude, I mean, like, around 70% of Americans make it to the big 8-0. So, like, most of us get to enjoy those senior discounts and early bird specials. But hey, life's a gamble, right? So, like, make the most of it while you can!
Yes, you can close an IRA after age 70 and a half. Once you reach this age, you can start taking distributions from your IRA without penalty. Keep in mind that you will need to pay taxes on any withdrawals you make, as contributions to traditional IRAs are typically tax-deductible.
By 1970, the average life expectancy of Americans was around 70 years.
By 1970, the average life expectancy for Americans was around 70 years.