sharon sanders
Editor-in-Chief & President
Aging boomers face stark economics
Declining finances, rising health care costs threaten a generation
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?The baby boomers have set us on a path towards a massive fiscal crisis,? he said. ?Which is going to hit as the baby boomers retire.?The recession, though devastating, will pass. But rising health care costs as boomers age may bring lasting harm to this generation?s financial well-being. By the time all boomers are 65, the senior population will have grown from 40 million now to about 72 million. Who will pay their medical bills?
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http://www.msnbc.msn.com/id/35675368/
Declining finances, rising health care costs threaten a generation
snip
?The baby boomers have set us on a path towards a massive fiscal crisis,? he said. ?Which is going to hit as the baby boomers retire.?The recession, though devastating, will pass. But rising health care costs as boomers age may bring lasting harm to this generation?s financial well-being. By the time all boomers are 65, the senior population will have grown from 40 million now to about 72 million. Who will pay their medical bills?
snip
http://www.msnbc.msn.com/id/35675368/