Nearly 80% Oppose Raising Social Security's Full Retirement Age. Here's Why That Matters

Core Insights - Social Security is a highly sensitive topic in American politics, with significant public opposition to changes in retirement age [1] - A recent Quinnipiac University poll indicates that 78% of adults oppose raising the full retirement age for Social Security benefits from 67 to 70, even if it means benefits would last longer [2][5] - The financial health of Social Security is a concern, with the trust fund surplus expected to deplete by 2034, leading to a potential 20% shortfall in revenue from payroll taxes [5] Public Sentiment - The Quinnipiac poll reveals deep anxiety regarding financial security in retirement, with 25% of respondents aged 50 to 64 and 26% of those 65 and older citing saving for retirement as their top concern [7][8] - A significant portion of respondents (22%) have reconsidered their retirement plans due to economic factors such as inflation and higher interest rates, with 32% of those aged 50 to 64 already delaying their retirement [9] Demographics of Respondents - The poll surveyed nearly 1,800 adults, with a balanced representation across political affiliations: 29% Democrats, 27% Republicans, and 29% independents [8]