Retirement at age 65, 67 or 70 : Social Security faces an aging population : a senior honors thesis ([HONRS 499)]

Abstract

This honors thesis is an analysis of the Old Age and Survivors Insurance portion of Social Security in the United States. A history of past events, problems currently facing the Social Security Administration, and a projection of future events is outlined in this report. It shows how a higher retirement age, set at 67 or 70, will affect an individual's benefits received to taxes paid ratio.