The retirement of the baby boomers over the next several decades will mean astronomic increases in costs, notably for health care, with relatively
fewer people of working age to pay them.
Not exact matches
Part
of that decline has been due to difficult economic conditions after the financial crisis
of 2008, but part
of it is also due to simple demographics: The baby boomers are hitting retirement
age, and young
people are more likely to go to college or graduate school, meaning that
fewer people will want to
work.
The median retirement savings for
people 56 to 61 is only $ 17,000, and
fewer than half
of working -
age households are on track to save enough to maintain their pre-retirement standard
of living.
test that exists only for self - employed
people claiming early benefits (because the test for
people who have reached Full Retirement
Age is * only * their age, remember; they need undergo no additional tests, such as hours worked or income) is to work a * very few number * of hou
Age is * only * their
age, remember; they need undergo no additional tests, such as hours worked or income) is to work a * very few number * of hou
age, remember; they need undergo no additional tests, such as hours
worked or income) is to
work a * very
few number *
of hours.
That being said, there are still, by luck, those
few people who morally, physically, socially, etc. that it
works for and who grow together with
age instead
of apart.
The one - child policy was based on a mid-20th century Western promise: Slashing the birth rate would yield a «demographic dividend»
of abundant
working -
age people with
few dependents to support.
In another study, participants who swallowed
aged garlic extract had
fewer cold symptoms, missed
fewer days
of work and improved faster than
people who took the placebo.
In the last
few years, he's gained an international audience, with one -
person exhibitions in London, Paris, and Berlin, not to mention his participation in the 2015 Venice Biennale; later this summer, his
work will be included in an important exhibition at the Tate Modern in London, «Soul
of a Nation: Art in the
Age of Black Power.»
What's happened to date is free markets making free choices, and the realities
of fewer working age people and in some cases
fewer total
people to need energy.
Few middle -
aged people working toward retirement on a fixed income have a comfortable $ 5,000, $ 10,000 or whatever the sum, lying around to pay to their life insurance company out
of nowhere.