Paula Span / May 10, 2019 / NYTimes
[By 2029] About 14.4 million people will fall into the middle-income category, almost double the current number.
A decade hence, 80 percent of middle-income seniors will have less than $60,000 a year in income and assets, not including equity in their homes. Yet the estimated cost of assisted living plus out-of-pocket medical expenses will hit $62,000, by the team’s conservative estimate.
Disclaimer The views and opinions relayed in this blog are those of the original authors and other contributors. These views and opinions do not necessarily represent those of Global Agility Services LLC or its staff.