Will It Be There When You Get There?. By Jodi Heuvers Mature Advisors February 2005. The oldest baby boomers will turn 59 this year. In just a few short years around 2008, the first wave of these baby boomer will become eligible for Social Security (S.S.) retirement benefits.
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By Jodi Heuvers
The oldest baby boomers will turn 59 this year. In just a few short years around 2008, the first wave of these baby boomer will become eligible for Social Security (S.S.) retirement benefits.
AARP has developed some possible changes after surveying seniors over the past year, as reported in the Wall Street Journal. They are as follows:
Those measure alone would keep the system solvent for more than 75 years.
Still, other possibilities exist. These include changing the benefits calculation, modifying the cost-of-living formula, investing some S.S. funds in market index funds and putting new state and local government employees on S.S.
A final tip for baby boomers: think online. Most boomers are comfortable using computers to conduct business, so they can expect and appreciate online government services to as well.