InvestorsHub Logo
Followers 5
Posts 2693
Boards Moderated 0
Alias Born 11/28/2002

Re: fabian post# 655288

Wednesday, 06/30/2010 8:09:22 AM

Wednesday, June 30, 2010 8:09:22 AM

Post# of 704019
To show how hard SS reform is....One of the obvious partial solutions is to apply a means test in order to receive benefits.

Ick. Means-testing would be so complex, and would turn Social Security into a sort of welfare for the elderly. A more equitable solution would be to raise the retirement age. That doesn't necessarily mean you must retire later; merely that you don't start collecting payments until later. This too is consistent with the original goals of the plan, adjusted for changes in health care, and could easily save more than a means-test.

Social Security is the easy problem. Medicare is tough.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.