I agree, but the economy has to grow to make that work. Otherwise, a lot of younger people are going to be frozen out of the job market and young people are the ones paying for SS and Medicare.
During this recession which began in 2008 (and truly is still going on) people near retirement age have put off retirement mainly because their portfolios took such a hit in the crash and they can't earn any interest on savings. That has limited the upward mobility of young people and also frozen college graduates out of the professional job market.
Nothing wrong with people working as long as they feel like it, 'til the day they die if they want. But there have to be good jobs for young adults or we have other economical and societal problems.
I've been battling Leukemia for the past ten years and I figured I would try to get some of the $250,000 I've invested in the Program back before I fall over.
My Best Childhood Friend Passed Away at age 61 and his Family got $255 to help Bury him. He worked since he was 16 and he probably put more into the Program than I did.
Somebody has to feed the Ponzi scheme and he sure did.