Tag: full retirement age
Not all new ideas are good ideas. Recently two proposals have emerged that would essentially allow individuals to tap Social Security today in exchange for lower benefits in the future. The first was Congressman Tom Garrett’s (R-VA) Student Security Act of 2017, which would allow young people to pay off a portion of their student…
Workers should plan to work longer and save more. The release of the Federal Reserve’s 2016 Survey of Consumer Finances (SCF) is a great opportunity to reassess Americans’ retirement preparedness as measured by the National Retirement Risk Index (NRRI). The NRRI shows the share of working-age households who are “at risk” of being unable to…
