kyzr
Diamond Member
1. Medicare is going bankrupt now, and you want to add more people who haven't paid into it? That is stupid.Try Medicare for everyone. Then that wouldn't be an issue.
If people retired at 58, there would be far less of a need for healthcare.
The wealthiest can easily afford the increase in SS payments and in all forms of taxation.
Nobody's talking about the early retirement age. The question is the age for full retirement benefits., which is now really 70.
2. SS is running out of money now. In 2034 it will be insolvent, only paying out what it takes in. That is stupid too.
3. If the cap is removed the wealthy will save SS, for those who paid in.
4. Working to 70 is a stretch for most of us. 65 is doable, 62 if you have a good 401k.