
Why do younger generations think boomers can magically retire at the age of 65?
I see this all the time, but it's just mean-spirited fantasy. Yes, it's possible to take an early Social Security benefit when you're as young as 62, but it will be reduced.
67 is the age of retirement for a full benefit, and the average monthly benefit is just $1,940.
This is why you see so many old people bagging and stocking groceries and doing other menial jobs.
Here's the actual life seniors are living:
The 1% are the problem, not the average 70-year-old.