Turning gray and into the red: The true cost of growing old in America
- Written by Jan Mutchler, Professor, Department of Gerontology, McCormack Graduate School Director, Center for Social and Demographic Research on Aging, Gerontology Institute, University of Massachusetts Boston
Are you economically ready for old age?Shutterstock
The U.S. population is aging at such a rate that within a few years, older Americans will outnumber the country’s children for the first time, according to census projections. But rising rents, health care and other living costs mean that for many entering their retirement years, balancing...
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