Absolutely. Changing the retirement age from 65 to 67 - even if it were actually to occur - wouldn’t have 15% of the effect of changing it from 60 to 65. Not only would there only be two years involved (40% of the POTENTIAL person-years of the 60 to 65 change) but between vacation time owed and medical leave,the oldest are among the least productive and certainly the most likely to lose their medical. The vast majority would still be retiring without ever using the two year extension. Yeah, there would be some that would continue to work to pay off three exes or buy one last toy but they’d be a small minority.