If they raise the retirement age to 70, many older people will have to remain employed, regardless of their health issues. At present, as it is, my son in law who was born in 1960, will have to work until 68 to reach full retirement benefits on SSAN. He has a good job and is quite happy with the situation at present, and has no health issues to date. One of the lucky ones. Maybe ALL those on social security (undocumented aliens and their children for instance, who have never paid in) need to be removed from social security and offered free transport home to their country of origin.
Yes. We should not be allowing SS for anyone who didn’t pay into it. I also think that a great solution may be to raise the age on benefits, but not disability. And maybe one year every four years.
The idea is to create in young workers the mindset that they won’d be eligible until they are really, really old, so they will save on their own.
A lot of people don’t know this, but when SS came into being, people started saving less for their retirement because, after all, SS would take care of it, or most of it. In the end, it’s what I did, forced on my by a divorce.