Impact of Possible Changes to Social Security (Raise the Retirement Age)
shared by mattdeaton on Jul 08
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One possible solution to solving the problem of Social Security underfunding would be to raise the retirement age. Raising the Full Retirement Age, or FRA, to age 70 by two months per year for individ...
uals born after 1960 would eliminate roughly half of the shortfall. Raising the early retirement age from age 62 to 64 would reduce the shortfall by 30%.
Source
https://acut...etirement/Category
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