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Population Aging

Did you know that changes in the distribution of age in the US population over the past years has accounted for about one-fifth of the increase in the expenditures for services versus goods? This week’s article is interesting because it tells us that “the rising percentage of the population over 60 and their larger consumption of health appears to be the key factors.” We’ve always thought that the older we get the more we are likely to need to spend on health care. Have you thought about how you will pay for that? Call us, we may have some options you haven’t thought about that are sources for income in your retirement. We’re always here to help.

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This commentary was created by a third-party for the Agent’s use. NTM 08-27.