To raise or not to raise the retirement age for Social Security, that is the question one study examined. (Photo: Shutterstock)

With longer retirements, thanks to longer lifespans, and the financial challenges faced by Social Security, discussion periodically resumes about whether to raise the retirement age.

Making people wait till they're older to claim benefits would certainly cut down on the number of years, on average, that people collect benefits.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.