Heavy Lifting - thoughts and web finds by an economist
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Monday, October 15, 2007

Those under forty, check your wallets...

From Bloomberg.com:
The first Baby Boomer applied today for Social Security benefits, a milestone marking the approaching retirement of a generation of Americans whose eligibility for government payouts threatens to overwhelm the federal budget.

Kathleen Casey-Kirschling, a retired Maryland teacher who was born at 12:00:01 a.m. on Jan. 1, 1946, applied this afternoon for early retirement benefits. She'll become eligible to receive them in January when she turns 62.


Uh oh....

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