The Social Security Trap

One of the main problems with Social Security is that it was created on 1930s demographics. As life expectancy extends the plan's sustainability will decrease. The Democrats are not likely to ever adknowledge this or do anything about it except to support higher payroll taxes, at least until the Baby Boom have died out to the point that there is no political advantage in catering to them. The Boomers are the ones who should confront the coming crash and do something about it. Perhaps the best thing would be to base retirement age on health and working ability of each individual. It was never meant to give retirees a free ride when they have the ability to support themselves, but it has become one, and it rewards those who live longer than the norm while those who don't make it to 67 get shortchanged.