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The word is, in 2022 retirement age will be 67; Is this better than 66?


There is much controversy on whether or not to increase the retirement age. Some like the idea because by working longer, more money goes to the SSN acct. thus less money is needed to save for retirement. On top of that, the predicted future funding gap would be filled. On the flip side, it will affect low income earners already depending on it.

 

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