Get all your news in one place.
100's of premium titles.
One app.
Start reading
GOBankingRates
GOBankingRates
Chris Adam

5 Ways a New Mandatory Retirement Age Would Change Your Retirement Savings Plan

LordHenriVoton / iStock.com

Some of the recent news about talks to raise the mandatory retirement age brought unsettled times for many experienced workers. In September, Social Security Administration Commissioner Frank Bisignano was asked whether he’d consider raising the retirement age to protect Social Security, to which he replied, “I think everything’s being considered and will be considered,” as reported by The Hill.

That comment was later walked back, with a Social Security Administration X post claiming that raising the retirement age isn’t under consideration, but it still has many wondering what could happen to retirements if the age were raised.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.