Social Security — Nunn Too Sound July 31, 1996January 30, 2017 I heard/read two very smart things recently, and I felt you should hear them, too: “FDR and his crowd were great actuaries. When they instituted Social Security, average male life expectancy was 62 and the retirement age was 65.” — Sam Nunn, speaking informally to a group of progressives “A good hairdresser is worth 10 psychiatrists.” — Laura Pedersen’s mother, as quoted in Ms. Pederson’s New York Times column Yesterday (if you want something only a little weightier): Can You Beat an Index Fund?