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Wendell Primus

Wendell Primus

Oct 7, 2026

26:19
some, some spending changes as well, but-
26:21
Y- yeah.
26:22
So, uh, you know, in 1983, we did increase the age by which you could get your full benefit from 65 to 67 over a period of years.
26:32
And one factoid that I'm just very impressed by, if you look at males born in 1960, that by definition reach 62 in 2022, if you're in the bottom 20% of male earners, you live on average 15 years beyond 62.
26:50
But if you're in the top quintile of male earners, you live 25 years more, a 10-year difference.
26:57
And therefore, the plan that I've put forward would increase the retirement age, but only for higher earners.
27:05
The top two quintiles would be phased in and the fourth quintile.

8 MINS LATER

34:45
Uh, Wendell, what's your, what's your prescription for how to get Social Security reform done?
26:13
And Wendell, you've proposed some...
26:19
Some spending changes as well.
26:21
Yeah.
26:22
So, you know, in 1983, we did increase the age by which you could get your full benefit from 65 to 67 over a period of years.
26:32
And one factoid that I'm just very impressed by, if you look at males born in 1960 that by definition reached 62 in 2022, If you're in the bottom 20% of male earners, you live on average 15 years beyond 62.
26:50
But if you're in the top quintile of male earners, you live 25 years more, a 10-year difference.
26:57
And therefore, the plan that I put forward would increase the retirement age, but only for higher earners.

8 MINS LATER

34:46
Wendell, what's your prescription for how to get Social Security reform done?

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