Totally right. There is no social security 'fund' or bank account- they hand it out as they get more taxes.
If we raise retirment to 70-73 how does that bode for the workforce?
It would clearly have impact on the workforce- and a negative one at that.
Not to overgenerlize- because I believe that there are some that Can ( and some that DO) work til that age - but a large majority are using walkers, are cranky, etc.
I suppose it depends on the industry in question though...
I love how senators/goverment officials are talking about SS but they have their own SEPERATE plan. Senators get full salary for life IIRC. Thats part of the problem. We gotta cut the baggage ...
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