6/2/2013 – The Geezers Are All Right

Jun 02, 2013 Comments Off by

The reports of the Social Security and Medicare trustees released Friday do suggest that America’s retirement system needs some significant work. The ratio of Americans over 65 to those of working age will rise inexorably over the decades ahead, and this will translate into rising spending on Social Security and Medicare as a share of national income.

But the numbers aren’t nearly as overwhelming as you might have imagined, given the usual rhetoric.

Read the full article at The New York Times.

financial security 2013, Longevity News 2013

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