The Center for Retirement Research says Social Security needs to be modernized to deal with declining rates of marriage, wage stagnation, and increased longevity. (Photo of 1936 Social Security poster: AP)
The Social Security system needs updating as societal needs change—but while a number of proposed changes would help specific groups whose needs have changed since the system began, they must, and could, be done in a way that would not only be effective but also cost neutral.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
