Being that military service was a normative part of early adult life for today’s older U.S. population, the number of veterans aged 60 and older in 2015 was estimated to be over 9.3 million. Older United States (U.S.) veterans are a population at risk for disability due to their early life experiences with military service…
Tag: retirement
Aging Today: Can We Count on Having Social Security in the Future?
This piece originally aired during WFSU’s Aging Today segment. Social Security has been very successful in reducing poverty among older Americans. But the increasing number of recipients raises the specter that the system cannot be sustained. Economists estimate that without changing in financing, the average benefit will decrease 20% by 2030. Surveys report that at…
Longer Lives: New Paths Forward
Developing a roadmap for later life that includes a Third Age can help set up individuals for higher quality lives. However, making such plans are not the responsibility of individuals alone. There are significant disparities in the length and opportunities available during the Third Age. We need policies designed to ensure that young people today have resources throughout their lives so they can develop a meaningful Third Age, and in doing so, we will be able to utilize the knowledge, skills, and abilities of our current and future elders.
What Does Fixing Social Security Mean?
Fixing Social Security is not rocket science. There is money available to fix it. Consider the $1.3 trillion of annual tax expenditures that are made each year. While some of these benefit low income households, it is estimated that over half benefit higher income households. Annual expenditures on Social Security are about $946 billion, so taking a knife to tax expenditures that favor the wealthy has promise.
Wicked Problems, Wicked Solutions 