Life expectancy and its swings over time receive significant attention from both academics and the public. Much less attention, however, is paid to the variation in lifespan around its average – the variance of longevity. However, it is precisely this unpredictability of age of death that makes lifetime income provided by Social Security and annuities…
Family caregiving is the cornerstone of long-term care for older adults, especially in underserved communities. This care, however, poses significant challenges and often requires financial sacrifices from caregivers. In response, researchers, practitioners, and policymakers have proposed various options to alleviate the financial strain, but it remains unclear which options would most benefit the caregivers…