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https://www.forbes.com/sites/chriscarosa...20a1b86fd7

“The advantage of increasing the normal retirement age is to keep Social Security solvent for more retirees for longer,” says Emily C. Rassam, senior financial planner at Archer Investment Management in Charlotte, North Carolina. “There are several potential ways to fix the Social Security system. In short, they involve increasing revenue or decreasing distributions. If the Normal Retirement Age increases again, it will decrease total lifetime payouts for retirees, especially those who start collecting income early.”