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Maybe it's not to cover healthcare costs but to cover other living costs. With climbing life expectancy; the decline of pensions; the 2008 market crash; and ot
by cimmanom 8y ago
Maybe it's not to cover healthcare costs but to cover other living costs. With climbing life expectancy; the decline of pensions; the 2008 market crash; and other factors such as the exorbitant costs of end of life care, today's healthy seniors are looking at running out of money to pay for the essentials before they die.
- GCA10 8y agoSocial Security keeps chugging along just fine. You can't live large on those checks, but I've got relatives in small-town Connecticut who pay all the bills that way and even save a little. Work (in appropriate doses) brings a sense of usefulness for seniors that staring at the TV all day does not.