It seems every time we talk about the long-term future of Social Security, many in Washington start clamoring to raise the retirement age or propose other ways to trim Social Security’s modest benefits. Those calling for cuts are missing the dire state of retirement security for the typical American. Traditional pensions have become a thing of the past, and stagnant wages are making it harder and harder to put aside savings. For the two-thirds of retirees who rely on Social Security for a majority of their income, there is not a Social Security crisis, there is a retirement crisis. That is why we must preserve and enhance the one program Americans have always been able to count on.
Just the other week I sat down with seniors in Glastonbury, Conn., to discuss our nation’s retirement crisis. These men and women hail from all walks of life: veterans, small-business owners, homemakers and machinists. They’ve built and rebuilt this country through wars and recessions. I spoke with one man who spent his life as a lineman, his fingers now crooked and gnarled from a lifetime helping to usher America into the Digital Age. Can we really in good conscience ask the millions of men and women, who have already given so much, to keep pushing well past their breaking point? How does it make sense to push the retirement age ever higher or cut benefits at a time when people need them most?
– The Hill