Worldwide demographic trends raise the questions of how will aging nations maintain productivity and care for their seniors and younger ones benefit from their “demographic dividend?”
The United States is falling behind in medical care of its citizens, leading to a lack of growth in life expectancy, in contrast with the rest of the world.
Japan has the most supercentenarians with 24 of the oldest 50 people worldwide. The oldest American is Goldie Michaelson of Worcester who is almost 114.
GIF of US population shows its aging over the years as Baby Boomers, their children, and grandchildren age. Margolis & Bloom, Wellesley, MA, 781-705-6400
According to study, one in five seniors will face extremely high long-term care costs while three in five will pay little to no costs out-of-pocket. Given the uncertainty, how will you plan?