Retirement & PensionsWellness & Safety

Pushing back retirement age to 70 would be harder on low-income workers

It sounds like a simple fix to the nation’s immense problem of funding Social Security and Medicare for an aging country — just get everyone to work to 70 and the math works out a lot better.

But this idea, despite being embraced by a number of politicians, has a long way to go. It’s being challenged in academic circles as a new form of inequality. This one has been dubbed “longevity inequality.”

 

http://www.chicagotribune.com/business/columnists/ct-marksjarvis-column-social-security-inequality-0828-20160828-column.html