Aging Options

Is it time to raise the Medicare retirement age?

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Will Obamacare make it easier to raise Medicare’s retirement age to be on par with Social Security’s retirement age?  That’s what Forbes contributor Avik Roy suggests.  It’s an option Senator Joe Lieberman recommended this summer and something that 56 percent of Americans are okay with according to a Wall Street Journal poll.  If the retirement age was raised to 67, it would save the country $148 billion from 2012 to 2021.  What do you think?  Would you be willing to raise the age to 67 and if so what impact would it have on you and your retirement planning?  Read Avik Roy’s article here.  To read an opposing view from Paul Krugman of the New York Times go here.

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