Insights and Ideas – More Info

economic issues icon  ECONOMIC CHALLENGES


senior man goes to workHow Old Is Too Old to Work?  Questions about the place of the elderly in American society have become especially pertinent in our current political moment. –

woman exames her credit cardThe Hidden Retirement Crisis: Older Americans’ Debt  The median total consumer debt of households headed by someone 65 or older in 2016 ($31,300) was 2 ½ times what it was in 2001 and nearly 4 ½ times the level in 1989. Some 60% of 65+ households carried debt in 2016, up markedly from about 42% in

senior woman alone in the streets of JapanIn historic first, G20 weighs ageing as global risk Ballooning healthcare costs, labour shortages and financial services for the elderly: for the first time, the world’s top policymakers are tackling economic issues relating to ageing and shrinking birthrates. G20 finance ministers and central bank chiefs meeting in Japan — where a rapidly ageing population is a major domestic problem — have been warned to address the issue before it is too late.-

senior woman sitting on bed looking out windowMiddle-Income Seniors Won’t Have Money for Seniors Housing by 2029, Says NIC Report In just 10 years, 54 percent of middle-income seniors will be unable to pay the yearly costs of $60,000 for assisted living rent and other costs, even if they committed 100 percent of their annual financial resources, according to a report released this morning by the National Investment Center for Seniors Housing & Care (NIC).-