Get ready for a potential change in the rules next year after Congress finishes with healthcare. The total unfunded liability for social security and medicare is staggering as estimates are in the $60 to $75 trillion range. This needs to be put in perspective to our current national debt which is somewhere in the $10 to $12 trillion range.

I suspect the first group of changes will be eliminating the ceiling on social security taxed wages (to align with the treatment of medicare) along with a change in the full retirement age (which will impact the minimum retirement age). I also suspect will see some proposals dealing with means testing.