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The US has done something about it, they raised the retirement age to 67. But that was more of a band aid. The real solution is to raise the maximum SSA payme
by cogman10 1y ago
The US has done something about it, they raised the retirement age to 67. But that was more of a band aid.
The real solution is to raise the maximum SSA payment or eliminate it all together.
That said, even if the government does nothing, it's not as if SSA goes away. Instead, the payments are reduced (Last I saw, it was around 75% of current payments). That'd suck, for sure, but it's not the all or nothing framing.