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- May 7, 2010
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Re: Record Tax Revenues For FY14
I suspect that most people don't realize that the benefit age has increased. I will be 67 before I can start drawing ss, yet most of the people I know who are around my age still believe that they will be able to start drawing at age 65. It's something that didn't receive a lot of media attention at the time. I think we are going to have a heck of a lot of people my age who are in big trouble when they quit their job at age 65 and then discover that they don't yet qualify for full ss benefits.
That explains why the SS "full benefit" retirement age was raised without much fuss at all and why many now seek to change the rules for SS COLA adjustments. Many would indeed vote out anyone that actually tried to kill SS but seem to accept "reasonable restrictions" to make SS less expensive.
I suspect that most people don't realize that the benefit age has increased. I will be 67 before I can start drawing ss, yet most of the people I know who are around my age still believe that they will be able to start drawing at age 65. It's something that didn't receive a lot of media attention at the time. I think we are going to have a heck of a lot of people my age who are in big trouble when they quit their job at age 65 and then discover that they don't yet qualify for full ss benefits.
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