Put as much as you can in the 401k because SS will want you to retire at 72 or 75
Here is a huge and obvious flaw.
We move the goal posts back so fewer people can kick. As American’s live longer, they move the age back. They call it proportioning. But they do not change the benefits that are doled out (hardly). IE - They collect for longer, which adds more providers, more die before they can collect, which provides fewer collectors and the amount you receive for your effort remains (almost) unchanged.
“Put as much as you can in the 401k because SS will want you to retire at 72 or 75”
If that happens, does the age of ability to draw from retirement investment without penalties change?