Nikki Haley Is Right About Raising Retirement to 70

Recently, candidate for the Republican Presidential nomination Nikki Haley suggested that the retirement age be raised. Currently an individual must be 65 years old to receive Medicare and 67 to receive Social Security. Haley’s position seems to be a very unpopular solution to the problem that both programs will be insolvent within the next 10 years or sooner. It turns out her suggestion is the least bad solution.

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