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Exactly. It's nothing new either. The retirement age was last increased in 1983. As people live longer we need to adjust payments into the trust, retirement age
by omgwtfbyobbq 7y ago
Exactly. It's nothing new either. The retirement age was last increased in 1983. As people live longer we need to adjust payments into the trust, retirement age, and payments from the trust proportionally.
https://www.ssa.gov/planners/retire/background.html https://www.ssa.gov/planners/retire/background.html
- bsanr2 7y agoThis is going to be an interesting conundrum, however, when one considers that both Gen X and Millennials are projected to live shorter lives than the Baby Boomers.
- deleted 7y ago[deleted]