http://www.frumforum.com/the-entitlement-crisis-is-more-than-a-health-care-crisis Building a conservatism that can win again Sat, 11 Feb 2012 17:50:44 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.frumforum.com/the-entitlement-crisis-is-more-than-a-health-care-crisis/comment-page-1#comment-51477 gibberish Wed, 25 Feb 2009 13:17:09 +0000 #comment-51477 good point Sinz54 - A compromise is that if you put off claiming then you can get bit more per year when you do. The fit would be happy to do so good point Sinz54 – A compromise is that if you put off claiming then you can get bit more per year when you do. The fit would be happy to do so

]]> http://www.frumforum.com/the-entitlement-crisis-is-more-than-a-health-care-crisis/comment-page-1#comment-44778 sinz54 Wed, 25 Feb 2009 12:40:33 +0000 #comment-44778 The reason why Franklin Roosevelt set the Social Security retirement age at 65, was because 65 was the average life expectancy in the 1930s. Thus the plan would be in balance, because half of Americans would not live long enough to collect their SS benefits. Today, a retirement age of 65 makes less and less sense. A healthy baby-boomer can expect to live to about 77. Someone born today can expect to live past 80. Someone living to 90 who retired at 65 will be collecting SS and Medicare benefits for 25 years, an absurdity. The retirement age should be much higher, given how much life expectancy has increased since the 1930s. It's unfortunate that AARP starts screaming against any proposal to raise the retirement age by even two years. The reason why Franklin Roosevelt set the Social Security retirement age at 65, was because 65 was the average life expectancy in the 1930s. Thus the plan would be in balance, because half of Americans would not live long enough to collect their SS benefits. Today, a retirement age of 65 makes less and less sense. A healthy baby-boomer can expect to live to about 77. Someone born today can expect to live past 80. Someone living to 90 who retired at 65 will be collecting SS and Medicare benefits for 25 years, an absurdity. The retirement age should be much higher, given how much life expectancy has increased since the 1930s. It’s unfortunate that AARP starts screaming against any proposal to raise the retirement age by even two years.

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