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One line I'd draw would be on raising the eligibility age for Social Security and Medicare. It sounds fair, since people are living longer. But it isn't. Lower income workers are the ones who find it hardest to keep working after 65. And they'll get penalized with lower benefits.

Who are benefits promised to, overwhelmingly? Well, they're promised to older people. And if you have a society like Europe that is upside down where there are a lot more older people than younger people, you have economic calamity.

If Britain is to have a stable, affordable pension system, people need to work longer, but we will reward their hard work with a decent state pension that will enable them to enjoy quality of life in their retirement.

In some cases, managers and employees have secured pensions beyond their original base salary. It is wrong, the people doing it know it's wrong, and we have to put an end to it.

We've got to make sure our younger workers understand that as life expectancy increases, the retirement date for benefits increases also.

It is estimated that raising the retirement age to 70 would cut the shortfall by about 36%. But this proposal has some drawbacks. Women and men who have worked jobs that require manual labor all of their lives may not physically be able to do work until they are 70 years old.

Well, we certainly need to raise the retirement age. I've told my 19-year-old and my 22-year-old that they're not going to be getting retirement benefits at age 62.

Well, today people have to be self-reliant if they want a secure retirement income.

I believe when hard-working citizens have earned their pension, it's wrong for Washington bureaucrats and politicians to take their pensions away.

The retirement age needs to be raised. A portion of Social Security ought to be privatized, if not all. And there probably needs to be some means testing. It's a Ponzi scheme that's not sustainable.