3 ms·
In the US the boomers are in for a world of hurt. Senior care is extremely low quality, increasingly scarce, and already unaffordable. The US medical system is
by scroot 3y ago
In the US the boomers are in for a world of hurt. Senior care is extremely low quality, increasingly scarce, and already unaffordable. The US medical system is completely unprepared for that entire generation to age out. It is already a crisis. At least they can spend down money from their homes to pay for some of it. The subsequent generations probably won't be as lucky.
- dwater 3y agoHealth care and senior care will end up being a massive wealth transfer from the boomers to the wealthy, as they finally turn their paper real estate wealth into hard dollars that they can spend. The financially lucky amongst their children will be those who have to experience the tragedy of their parents dying early enough to die healthy and leave their wealth behind.