The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Enron and Social Security Date:  1/29/2005  3:44 PM
Author:  3muttsmom Number:  44303 of 88520

raising the age where a retiree becomes benefits elligible

I see this as an option all the time, listed with the other two.

But, realistically, how would this work for those who actually depend on SS to fund a portion or all of their retirement?

Where I work, it seems VERY RARE for anyone to make it past 55 before being cut in the annual downsizing (or, as one manager so aptly put it, the Thanksgiving Day Massacre :)).

If the business community is not on board to retain the older workers, what happens to "retirees" who cannot find work during the 10+ years waiting on their SS benefits to kick in?

MHO is to re-index the increases to the CPI, even though many know that what the "average" consumer spends $$ on rarely imitates what retirees spend their $$ on.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us