Sixty-five was first designated to be the retirement age in
1935. I believe the Life Expectancy has increased enough
to be able to absorb a few more years.
Remember that this would be the second time the age has
been raised. My ex can’t get full SS until 67 now. I’d
imagine there are people younger than her that are already
at 68, perhaps a little more.
Do I like this? Not necessarily. The point is, if SS is
going to have to be adjusted, it is the least painful way
to do it.
If you have a better suggestion, I like to hear it.
See, that's the hard part. Crickets, until it's too late, and we have to inflate it into flowing perpetually.
D1 I was to wait till I was 66y and 2 months but got layed off in 2020 at 65y and 2 months I had to take a 10% haircut