Tag: Baby Boom generation

People walking and one in a wheelchair on a city street

Despite decline in disability rolls, Trustees did not lower their assumptions. The Social Security Trustees recently released their 2018 Report showing little change in the financial outlook from last year – a 75-year deficit of 2.84 percent of payroll and a trust fund depletion date of 2034.  A lot of economic and demographic assumptions go…

Nurse taking care of mature patient in front of window

Introduction The system for financing and delivering long-term care in the United States is deeply flawed.  While families and government spend more than $200 billion annually for such services, many frail elderly and disabled fail to receive the care they need.  This problem is expected to become more severe as the Baby Boom generation ages…