Fact Sheet Raising Social Security's Retirement Age
Melissa M. Favreault, Richard W. Johnson
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Increasing Social Security's retirement age would promote work at older ages, improve the system's solvency by shortening retirements and reducing lifetime benefits, and better target benefits to the oldest Americans. It could, however, create hardship for workers with health problems unless Congress improves the disability safety net. This fact sheet reports key data points in the arguments for and against increasing the retirement age.
Research Areas Aging and retirement
Tags Social Security Economic well-being Retirement policy
Policy Centers Income and Benefits Policy Center