Tag: baby boomers
Much of what I’ve been writing about lately are the dire prospects for elder care when the oldest baby boomers begin reaching their late 80s within a decade. The challenges we will face are exacerbated by the physical design of our communities based on single-family homes scattered around the suburbs. This leads to the isolation…
“Unless we act now,” President Jimmy Carter warned in 1977, Social Security’s retirement trust fund will run out of money in 1983. That statement triggered several reforms that put the program on a firmer footing. Social Security is once again nearing a critical point. The day of reckoning is expected to come in 2033 if…
