Social Security Retirement Age Could Change to 67, Experts Worry It Won’t Stop There

Social Security Retirement Age Could Change to 67, Experts Worry It Won’t Stop There

Social Security Retirement Age , Could Change to 67, Experts Worry It Won’t Stop There.br Living in America, many of us dream br of the time in our lives when we can officially retire from the daily grind.br Living in America, many of us dream br of the time in our lives when we can officially retire from the daily grind.br According to CNBC, the average br age of expected retirement among br American citizens is 62.br According to CNBC, the average br age of expected retirement among br American citizens is 62.br Upon reaching 62 years old, eligible citizens of the United States can first claim their Social Security retirement benefits.br Upon reaching 62 years old, eligible citizens of the United States can first claim their Social Security retirement benefits.br Social Security's structured system reduces benefits for those who claim retirement early at the age of 62.br Social Security's structured system reduces benefits for those who claim retirement early at the age of 62.br while those who wait until they br are 66 or 67 to retire often receive br full retirement benefits.br The US House recently passed a bill that would raise the age for required minimum distributions on some retirement savings accounts to 75 years old from 72.br Experts say such trends show the American people are healthier and living and working longer than past generations.br Experts say such trends show the American people are healthier and living and working longer than past generations.br I expect ... Congress will br agree on a Social Security package that includes br some type of adjustment br to the retirement age. , Shai Akabas, director of economic policy at br the Bipartisan Policy Center, via CNBC.br I expect ... Congress will br agree on a Social Security package that includes br some type of adjustment br to the retirement age. , Shai Akabas, director of economic policy at br the Bipartisan Policy Center, via CNBC.br Whether that’s in br two years or 10 years, it’s very difficult to predict.


User: Wibbitz Top Stories

Views: 2

Uploaded: 2022-04-04

Duration: 01:30