Tag: financing
Abstract We use two historical data sources – the Health and Retirement Study and the Medicare Current Beneficiary Study – to consider the patterns in older Americans’ severe disability and their use of long-term services and supports (LTSS) by age and socioeconomic status. We then use a dynamic microsimulation model to project how the effects…
The brief’s key findings are: Retirees have long been seen as financially fragile – that is, ill-equipped to handle a financial shock without severe hardship. Interestingly, the research suggests that the vast majority of current retirees can weather shocks such as high medical bills and widowhood. Future retirees, however, face greater risk as most peo…
