Tag: retirement
Reforms to Medicare Part D under the Affordable Care Act brought significant relief to retirees by reducing the share of medication costs they must pay out of their own pockets. But with the healthcare reform now nearly a decade old, other developments have taken over that will drive up drug costs for the most vulnerab…
What kind of financial shape are retirees in? A 2017 study refocused attention on this old question, and it has taken on greater urgency as more and more baby boomers retire. The study looked at the accuracy of the U.S. Census Bureau’s Current Population Survey (CPS) and confirmed earlier research showing that it dramatically under-estimates…