Early reitrement
Aside from this debunking here, doesn't it seem like a bad idea to try and convince people that an expanded labor force is a good idea when so many are still struggling to find jobs?
And as far as this goes:
However, the normal retirement age is rising to 67, meaning that in the future more and more early retirees will lose benefits if they work.
I do not believe that we as a society can afford to have so many well educated, experienced, highly skilled workers leave the labor force just so they can get their moneys worth out of Social Security.
What the-? People who choose to retire early also are choosing to take the reduced benefits. But they aren't forced to leave the labor force unless they want to. And you aren't going to make those highly skilled workers to stay at a job they no longer feel they need to work at because they want to retire.
Conversely, privatization could end up actually forcing seniors who want to retire early to stay at their job because their private account failed them. Which once again puts undue pressure on the workers of America in order to "give" them a benefit.