Matt Hillman Reno, NV
The longer they work,
the less time they
will spend on Social
Security, the more
money to go around
for the people that need it and
can’t work.
Lillian Burke Edison, NJ
People need to work longer due to economic times. It would help to save the system.
NO
BRAND X PICTURES
THE CONTROVERSY OVER RAISING the retirement age is being reignited
as those who support this move point out that Americans are living
longer and there are fewer young workers to tax so the government
can pay retiree benefits. By working longer, people contribute more to
their Social Security accounts and reduce the amount of additional
money they need to save for retirement. It would also help to fill the
predicted future funding gap, supporters say.
Critics argue that a higher retirement age could adversely affect Americans who already depend the most on Social Security for retirement income, such as lower-income workers, minorities and women. These Americans tend to be in worse health than their counterparts at older ages, have less retirement wealth outside of Social Security and lower life expectancies.
What do you think?
from members: Kellie Franceschini Chino, CA
Life is short and
raising the age will
cost Americans
greatly in terms of
quality of life in their
golden years.
Marcell Cox Gilbert, AZ
I’ve worked two careers most of my life [to] retire at 65. If people do not plan right,
it is not government’s job to save money for them.
Find out more about this topic on the Web: • www.urban.org/uploadedpdf/412167-Raising-Social-Security.pdf • www.lifesitenews.com/ldn/2010/aug/10081301.html
• www.epi.org (search “retirement age”)
Bobby Katz Boynton Beach, FL
People usually work around 40 years. That’s enough. We need to slow down, and by 65
we are tired.
18 ;e Costco Connection OCTOBER 2010
References:
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