Tuesday, October 16, 2007

First USA baby boomer applies for Social Security

The Silver Tsunami has started!
The nation's first baby boomer applied for Social Security Monday, the start of an avalanche of applications from the post-World War II generation.
Kathleen Casey-Kirschling, a former teacher from New Jersey, applied for benefits over the Internet. Casey-Kirschling was born one second after midnight on Jan. 1, 1946, making her the first baby boomer -- a generation of nearly 80 million born from 1946 to 1964.
She'll apply — online — for Social Security at a public ceremony. When Kirschling turns 62, she'll be able to celebrate with that first monthly check. Celebrating may be short lived. Paying for 80 million retirees is not going to be cheap.

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