Retirement Age Protests Spread Across France and Beyond

The increase in pension retirement age from 62 to 64 in France has sparked protests, and the US could be poised for a similar change with the Social Security retirement age. Social Security will face a critical inflection point in the next decade, and younger generations may bear the financial brunt of any changes made to the program. Politicians are unlikely to make changes that affect current retirees or near-retirees aged 55 and up, leaving younger generations to pick up the tab. Changes could include increased taxes, benefit cuts, or a combination of both.