As 2020 dawns, the US is about to reach a critical, historic tipping point in its need to care for frail older adults. And we are tragically unprepared. In just five years, the first of the 77-million strong Baby Boom generation will reach age 80—the time when people’s frailty increases dramatically and they begin to need high levels of long-term [...]
Growing old is not easy. And it also is not simple. There is a lot of learn about how you can care for your changing body, how to keep and grow social connections, and how to manage your legal and financial life. But where can an older adult learn these things? The Woodbury Senior Community Center in Litchfield County Connecticut, [...]
In 10 years, the federal government will spend half its budget (not counting interest on the debt) on those aged 65 and older. The inexorable aging of the Baby Boom generation means that a growing share of federal spending will be used to support older adults—mostly for health care and retirement benefits. As CBO importantly notes, it is misleading to [...]
Mom fell. Those are two words we never want to hear, but if you have an aging parent, there is a good chance you will. What do you do? Falls are the leading cause of injury and death among older adults in the US. The Centers for Disease Control estimates that in 2014, older adults fell 29 million times, resulting [...]
Is the growing need for long-term supports and services (LTSS) by older adults driving big increases in Medicaid spending? Not according to a new study by Don Redfoot and my Urban Institute colleague Melissa Favreault. Indeed, they found that while Medicaid enrollment and expenditures for older adults grew in recent decades, it had far less effect on the program than [...]
It is easy—and dangerous—to create stereotypes of older adults. Just when you think you have a picture in your head of what a senior is, you realize how very different they are. To borrow a phrase: You’ve seen one older adult and, you’ve seen one older adult. The 50 million Americans over 65 are more economically and racially diverse than [...]
While many Americans spend their through assets in old age, a surprising number have more savings two decades after retiring than they do when they leave their jobs. The phenomenon is yet another chapter in the story of old age in the US-- which might be titled A Tale Of Two Retirements. A new study by Sudipto Benerjee of the [...]
Are you ready for a new debate over what to call old people? This happens every few years: We’ve tried senior citizens, seniors, the elderly, elders, retirees, and even gerontos. Lately, “older adults” seemed to be catching on. That’s the phrase I mostly use though it is not entirely satisfying either. Older than who? Then there are the euphemisms for [...]
Congress is nearing passage of a $1.5 trillion tax cut that would mostly benefit businesses and high-income households. For older adults, the effects are complicated. Some will receive large tax cuts. Some will be no better off and a few will be worse off. But beyond the immediate tax changes in the bill, the measure sets the stage for what [...]
You probably saw the headline: Six die in a Florida nursing home in the wake of Hurricane Irma. They won’t be the last frail elders to die needlessly. Many frail seniors who were living on the edge are going to die in southeast Texas and Florida in the coming weeks. We will probably never know how many because most will [...]