“The elderly aren’t so poor after all”

The elderly aren’t so poor after all,” by Robert J. Samuelson, Washington Post

“It was probably inevitable that we would have a ‘retirement crisis’ as hordes of baby boomers (people born between 1946 and 1964) sprint and stumble into their ‘golden years.’ But it’s a fake crisis, even though it’s already becoming a staple of journalism and politics. It presumes that most Americans can’t afford to retire comfortably. Not so.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

Read this and wonder why we still provide Medicaid long-term care to people with big incomes and unlimited assets.