When you consider that the original age of eligibility was basically the same as life expectancy, it wouldn't be crazy for eligibility to be raised to 80. I think that could be done gradually, especially with how they've changed the withdrawal formula to allow early and late withdrawals.

I used to be in favor of means testing, because I thought of it in the same terms as other welfare programs, which is how it's treated by the government. Your point made me think, though, that the current program is a forced loan to the government, whereas means testing would make it outright theft.

Undisciplined

econ

The Future of Social Security

The solution is to privatize social security and gradually reduce and eliminate the payroll tax.  The current financial trajectory is unsustainable.

Means testing means it is a poverty program not entitlement.

Maybe increase age of eligible to 70 years, anything beyond 70 seems unfair actuarially 

I like your elder care proposal.
