Tag: full retirement age
The debate about Social Security has begun. That’s perfectly appropriate. The system is running a 75-year deficit, and the assets in the Trust Fund, which are temporally filling the gap between revenues and promised benefits, are projected to be depleted in 2035. After they are depleted, revenues will be sufficient to cover only about thr…
An informal survey of staff at the Center for Retirement Research asking “What is the current retirement age for Social Security?” produced a range of responses. About half — mostly the “old hands” — said 67. The other half — generally younger and newer staff members — gave answers including 62, 65, 66 and 68. In my…
