Archive: Alicia H. Munnell
Releasing the Social Security Trustees Report a couple of months later than usual always raises the intriguing question that it might include some titillating new information. For better or worse, the 2025 Trustees Report is standard fare. It confirms what has been evident for almost three decades – namely, Social Security is facing a 75-year…
Two different measures tell a similar story. Working longer has been generally accepted as good advice for a secure retirement. It directly increases current income; it allows people to contribute more to their 401(k)s; it shortens the period of retirement; and, importantly, delaying claiming of Social Security results in a much higher monthly benefit. T…
