People on the low end of the pay scale are particularly affected by the increases in the full retirement age, since they are more likely to retire early. (Photo: Shutterstock)

If the retirement age is increased, it won’t help solve the retirement problem — in fact, what it will do is put low-wage earners who retire early at higher risk of poverty.

That’s according to an opinion piece on Marketwatch by Alicia H. Munnell, director of the Center for Retirement Research at Boston College.

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