“Opinion: This isn’t your grandpa’s Social Security system”

Opinion: This isn’t your grandpa’s Social Security system,” by Martin Feldstein, MarketWatch

“The current structure of pension systems in most developed countries cannot be sustained without cutting benefit levels substantially or introducing much higher taxes. A shift to a mixed system that combines the stability of the pay-as-you-go benefits with the higher return of market-based investments would permit countries to avoid that choice altogether.”

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

More sensible advice about Social Security.