They might not necessarily lose their jobs; they might just be opting for early retirement out of fear that SSI won't be there should they retire later in life. Either way, it will crash the system.
“Either way, it will crash the system.”
For sure, unless we get some better and tougher leaders.
I know a man, who received a buy out from his workplace, plus a pension, and was living comfortably. When he became 62, he decided to collect his S.S. right away, rather than wait for full retirement, because he thought S.S. might not be there for long.
Another man, I know, planned to work until his full S.S. kicked in, but was afraid he would lose his 401K in the stock market, so retired a year early.
We are living in an uncertain and scarry time.