SocraticGadfly: 90 is NOT "the new 50"

December 31, 2010

90 is NOT "the new 50"

Susan Jacoby, whose mother is 90 and grandmother lived to 100, tells us it 90 won't become the new 50 anytime soon, and offers other wisdom from the retirement cusp of the Baby Boom — wisdom you probably won't hear from the rest of her cohort.

Sixty-five-year-old Susan Jacoby says she hopes she doesn't live as long as her 90-year-old mom, noting that our incremental increases in average life expectancy have more and more elderly dealing with chronic pain and such.

And, it's not just that. She notes all the other problems facing the aging Boomers.

As I listed them elsewhere, they include:

Laid off. Forced to take lower-paying jobs. Still holding mortgages, which may be underwater. Stocks and 401(k)s that tanked in the recession. Some serious stuff.

That and more that the newly-retiring start of the Baby Boomer aging wave is all listed here.

Who wants to live to be 90 on Social Security and modest other benefits that are slowly trickling away, or that have to be spent down before Medicaid starts covering nursing home care?

1 comment:

Genomic Repairman said...

Dude nobody wants to live that long. My business plan is to die young. Have a happy new year.