By a small margin, P&I Online readers support the U.S. government increasing the Social Security retirement age.
With a slight lead, 48.1% of readers support raising the retirement age for Social Security benefits to 70 years old. Factor in the small number of readers, 9.3%, who support raising the retirement age above 70 years old, and 57.4% said the age should be raised, compared to 42.6% against it.
The question was asked in conjunction with Pensions & Investments' first Investment Innovation and Global Future of Retirement Conference in New York June 22-24. During the opening keynote, Robert Merton, Nobel laureate in economic sciences and finance professor at MIT Sloan School of Management, endorsed the idea of raising the retirement age to 70 as first suggested by his co-panelist, L. Stephen Coles, executive director of Los Angeles Gerontology Research Group.
Read the story: "Conference keynote speakers: Raise Social Security age to 70