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The unpredictability of one’s lifespan is a major difficulty in retirement planning and provides the impetus for insurance products guaranteeing lifetime income. It is well known that this variance of longevity differs across demographic and socioeconomic groups, but the patterns of this variance over time have not been studied…
While family caregivers are the backbone of the long-term services and supports (LTSS) system of care, caregiving is challenging and often comes at a financial cost for caregivers, from both the direct costs incurred in providing care and the reduced labor market earnings in order to provide caregiving. As a result, many caregivers could end…
