It is possible that the retirement age for Social Security may have to be increased, but we should at least take the time to figure out why.
Social Security faces a large gap in its finances. The program has promised more than it expects to be able to pay.
The Social Security Trust Fund acts as a buffer against this gap. In the big picture - even at $2.8 trillion – this reserve provides less than a quarter of solution for every dollar of problem – that is a statistical best case.