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An Aging Population and the Challenges That Come With it
“Consider this: by 2060, we will likely have a half million citizens who are 100 or older. The number of Americans who are 85 and older will triple. And like Japan, one in every four Americans will be 65 or older.” This quote from a post by Margaret R. McDowell, ChFC, AIF, author of the syndicated economic column “Arbor Outlook,” and founder of Arbor Wealth Management, LLC, puts into perspective the challenges our economy will face in the not-too-distant future. Her post discusses the implications of an aging population and how economic policy will need to evolve to meet these challenges. Check it out here…