8 Democratic Senators introduce 'Medicare at 55 Act'

[llmart]

119. Well, some could...

but let's be honest here. Health insurance is only one of the bills we're talking about here. Plus, Medicare covers only 80% of charges and you are responsible for the other 20% unless you get a more expensive supplement plan. Then there's the most likely scenarios of having all your other bills to pay. Just because people may get Medicate at 55 doesn't mean they don't have mortgages, car payments, no pensions, etc.

So yes, SOME people (those that are relatively well off) could retire early, but this alone isn't going to get most middle class people to quit their jobs. However, they could decide to just do part time. Again, it depends on all their other bills. Some dual career couples waited to have children until they were 40 and they'll still have teenagers and college to pay for at 55.