But when I say retirement age, I just mean the age at which SS benefits start. So it isn't neccesarily "retirement."
I know SS isn't the "WORSE THING EVER" but I disagree with the low rate of returns that it gives compared to many mutual funds, and the fact that most people don't save at all and expect SS to give them a full retirement. Ideally I'd much rather see SS turn into a mixed system, with it being mostly private accounts, and perhaps make benefits if someone over say 65 declares bankruptcy. It was supposed to be old age insurance, not an actual retirement. How this could be implemented at this point in time, I'm not entirely sure, but over time I think we could transition smoothly if it is managed effectively.