re: Social Security - Help me understand better

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I haven't read all of your replies but a lot of them made sense and are rational. Smashing success might be a stretch though. Social Security hasn't kept up with actuary tables or demographic changes. Social Security started when life expectancies were in the mid 60's and we had a vastly different population demographic. The biggest change to SS to address this was moving Full Retirement Age to 67 which hasn't been enough to shore it up. Folks need to be realistic and accept that we need to raise the Full Retirement Benefit to age 70 and possibly move the early number from 62 to 65.

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You are 100% spot on. That is not the doing of the trust fund, however, that is our elected leaders who are unwilling to do what is necessary because we, the folks who put them in office, will get madder than a wet hen.