Lawmaker suggests raising the retirement age to 70 — and experts agree

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Republican Rep. John Boehner wants to increase the retirement age to 70 for people who have at least 20 years until retirement, plus tie cost-of-living increases to wages rather than the consumer price index, and limit payments so they only go to people who need them, according to published reports. The current Social Security “normal retirement age” for those born in 1960 or later is 67.

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