US: A higher Social Security retirement age comes with risks for many workers
Reuters (13.12.2018) Is it time to raise the Social Security retirement age? The idea crops up often as a partial fix for the long-term financial challenges facing the program. A higher retirement age would reduce the number of years on average that people receive benefits, as a way to cut program costs. But according to an economist at the Urban Institute who specializes in employment and retirement decisions made by older Americans, raising the retirement age would inflict serious harm on roughly one-quarter of Social Security beneficiaries.