“Social Security Sees Slowdown in Retiree Rolls Amid COVID Deaths”

“Social Security Sees Slowdown in Retiree Rolls Amid COVID Deaths,” by Alex Tanzi, ThinkAdvisor

Quote: “About 80% of the people who died from the virus were 65 or older. U.S. life expectancy plunged by a full year in the first half of 2020. At the same time, more people say they plan to retire earlier than expected due to the pandemic. … The pandemic created a unique situation in 2020. While surveys show that many are retiring or planning to retire earlier than they once thought, deaths are removing hundreds of thousands of beneficiaries from Social Security rolls.”

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

Well, that’s one way to shore up Social Security’s insolvency.