Re: Entitled Selfishness: Good Newsweek article on the consquences of leaving SS as is..
Interesting article. As always, it comes down to the same solutions: lower benefits, raise the ages to collect, work longer, save more, and add means testing.
One problem (among many) is that even though people are living longer, the average age of retirement has actually decreased. People want time to enjoy life while they are still able. As a result, a significant number of retirees starts collecting SS early, at age 62, rather than waiting until their full retirement age.
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Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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