Yes. The age is now 67.
The payment is a pittance, and almost nobody can live off it.
There have been several attempts by conservatives over the years to privatize social security, because it consistently underperforms private retirement investments.
At this point there is no money kept for social security. The money collected by people working today is directly transferred to retirees.
nobody /
npub1wt…4e7js
2023-07-10 04:31:58
in reply to nevent1q…gf48
Author Public Key
npub1wtuh24gpuxjyvnmjwlvxzg8k0elhasagfmmgz0x8vp4ltcy8ples54e7jsPublished at
2023-07-10 04:31:58Event JSON
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"kind": 1,
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"content": "Yes. The age is now 67. \n\nThe payment is a pittance, and almost nobody can live off it. \n\nThere have been several attempts by conservatives over the years to privatize social security, because it consistently underperforms private retirement investments. \n\nAt this point there is no money kept for social security. The money collected by people working today is directly transferred to retirees.",
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