Social Security

Both the economy and quality of life would get a boost if U.S. retirees spent as much as old people elsewhere. Why don’t they? The lack of an adequate safety net breeds fear.

For those aged 45 to 54, there is a range of policy options — beyond the fatalistic prescription to “just work longer” — that has the potential to materially enhance retirement security, if adopted quickly. For those aged 55 to 64 the outlook is bleaker, though there are steps that could be taken to ameliorate the worst of the anticipated impacts on the poorest retirees. Despite the availability of a potential solution for the 45- to 54-year-old group and of an improved safety net for the 55- to 64-year-old group, no one we spoke with suggested that the political will to effect such changes exists today.

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We ask every one. See the results.

However much money AARP spends, and however many town hall meetings it holds, its rationalizations for shifting position just won’t stand scrutiny. AARP isn't hopping aboard a ship that was already sailing, but rather choosing to provide critical momentum and cover to resuscitate the benefits-cutting effort.

However much money AARP spends, and however many town hall meetings it holds, its rationalizations for shifting position just won’t stand scrutiny. AARP isn't hopping aboard a ship that was already sailing, but rather choosing to provide critical momentum and cover to resuscitate the benefits-cutting effort.