Tag: Social Security

Are the Social Security Trustees too optimistic? The 2025 Social Security Trustees Report confirms what has been evident for almost three decades – namely, Social Security is facing a 75-year financing shortfall that currently equals 1.3 percent of GDP. And, if no action is taken before 2033, the depletion of reserves in the retirement trust…

My fascinating conversation with Ben Veghte, executive director of the Washington Cares Fund, covered both his state’s innovative model for public financing of long-term care and the Dutch approach to senior care. The Washington Cares Fund The Washington Cares Fund is a unique long-term care financing model that – starting in July 2026 – will provide state residents with up to…