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| Re: Social Security Reform (Re: Subtalk politics: at a glance) (101929) | |||
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Re: Social Security Reform (Re: Subtalk politics: at a glance) |
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Posted by Charles G on Mon Feb 27 13:09:17 2006, in response to Re: Social Security Reform (Re: Subtalk politics: at a glance), posted by Peter Rosa on Mon Feb 27 12:57:51 2006. It'll be an extremely hard sell because, as I've mentioned before, we're going in the opposite way. People are retiring at younger and younger ages notwithstanding increased life expectancy and Social Security's woes. You might say that 55 is becoming the new 65, in other words the standard retirement age. Should present trends continue I wouldn't be altogether surprised to see retirement at 50 becoming commonplace.Many of those who are "retiring" at 55 today will find themselves back in the work force in a few years. Most Americans -- and especially the baby boomers -- are quite unprepared to retire at 55 (or even 65 or 70). |
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