New CBO report – Lower (not increase) the early retirement age!

[Yo_Mama]

5. I agree with you

Of course, you can only earn a certain amount when you retire early, after which your benefits get cut.

I am a bit offended that this discussion is only conducted in terms of costs to OASDI without factoring in human welfare, and without considering the plight of all the older workers who are going to retire with very small SS checks and really can't afford to retire early. Raising the full retirement age by two years will be a very rough situation for them. For them, paradoxically, raising the early retirement age would be beneficial, because then they could claim a higher disability check.

We have many more people working past the age of 65. In most cases it is because they need the income.

I think the Medicare age should be lowered to 62, but I also think we should look at the situation of the near-retirement crew with minimal SS benefits and adjust.