Majority of Americans Oppose Raising Retirement Age and Aim for $1 Million for Comfortable Retirement: Poll

A new poll conducted by Data For Progress found that 65% of Americans surveyed were against raising the retirement age for Americans currently in their 20s. The poll showed bipartisan support for upping taxes on the wealthy to extend solvency for Social Security. Additionally, 70% of Republican-identifying respondents polled said they somewhat supported or strongly supported the Social Security Expansion Act, which would increase benefits for all recipients by $2,400 per year and be paid for by increasing taxes on wealthy Americans. The polling comes as the matter of solvency of both Social Security and Medicare has drawn more attention on Capitol Hill over the months.