I had originally put on my web site that the new age of retirement should be raised to age 75. However, my mother in law pointed out to me that this may be putting all of the burden of fixing social security on those in the older age bracket. She may be correct in that raising the retirement age to fix the system without levying any higher payroll taxes on younger and middle aged workers would not be a fair dispersal across the board to everyone particpating in this broken system.

Perhaps when the next president and congress finally sit down like Tip O'neal and Ronald Reagan did in the early 80's to "adjust" and "tweak" out the system, they can consider a compromise where:

• Retirees take a minor hit on benefits or cost of living increases
• Those about to retire only have to wait a little longer to do so, instead of early retirement at 62 and full retirement at 65, perhaps edge it up to 66 and 68 respectively.
• Those making over $60,000 annually can have their FICA increased from 7.65% to 8.75% --not the 10% Obama and others have advocated. To just put 100% of the burden of fixing social security on those that are doing a better is not fair. Needs to be across the board on everyone in the system.
• Those making under $60,000 anuually can have their FICA increased from 7.65% to 8.25%. In effect currently we do have a flat tax on paying into social security benefits. Introducing and easing into a sliding scale may ultimately be the long term solution coupled of course with increasing retirement ages to adjust for the continuingly longer lives we're all now priviledged to enjoy due to medical technology.