Ever since the members of the U.S Business Roundtable presented their plan to gradually raise the retirement age to seventy last year, the political and economic realm has been on fire with both support and recrimination. This fervor has only intensified after a recently released report by the Congressional Budget Office (CBO) which stated that, holding … Continue reading
Social Security is both the largest program in the federal budget and one of the most fiscally unsustainable. The program has already begun paying out more in benefits than it is taking in through payroll taxes. By 2033, the Social Security Trust Fund will be drained and the benefits paid out will decline by 25 … Continue reading
The graying of America is not a new fear for economists and politicians. Before even the earliest Baby Boomers began retiring, economists were making predictions about the hardships America would undoubtedly face as it aged. Many say those problems have already begun, while others argue they have been over exaggerated and prematurely predicted. The American … Continue reading
Slowing the biological aging process (senescence) is now a realistic goal. According to a new research study published in Health Affairs, the elimination of diseases such as cancer and heart disease would have less effect on longevity and quality of life than delaying aging itself. Although most medical research remains focused on combating individual diseases, … Continue reading
The recent debates on retirement policy are anything but productive. The main points revolve around the rising debt and health care costs, as well as increasing the retirement age. While these concerns are important, retirement policy in the United States (and in the world) needs another look. More and more people are living to the … Continue reading
In early February, the National Academy of Social Insurance (NASI) hosted their 25th annual policy research conference on “Medicare and Social Security in a Time of Budget Austerity.” It was a two-day event and I gladly participated in one of their several sessions on a Friday afternoon. The session that I chose to attend was … Continue reading
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