The omnibus bill signed by President Biden will make it easier for many people to save for retirement, but more help is needed
In both versions, the retirement age increase is based on the assumption that older workers would continue to work, perhaps till they dropped, if not for the “mixed retirement signals that often draw them into early retirement and treat retirement itself as a binary choice.” That implies that workers are almost duped into filing for Social Security, when they would be so much happier staying on the job.
The CRFB wrings its collective hands over its discovery that “a smaller share of older Americans work today than half a century [ago], even as life expectancy has risen dramatically and the nature of employment and technology has made it easier to work at older ages.” As for whether it’s “easier” to work into one’s 70s than it used to be, that may be true for authors of think tank papers in air conditioned offices, but perhaps not for the millions of Americans who spent their careers hauling, digging, driving and building, outside in the elements.
hiltzikm For a change, you are writing for the people. Not for liberals.
hiltzikm Yeah this is the stupid and dishonest part not telling people that they were ever going to be able to retire on social security
hiltzikm How about we eliminate it? Or massively cut it back?
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