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The Growing Gap in Life Expectancy by Income

The Growing Gap in Life Expectancy by Income PDF Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 030931710X
Category : Social Science
Languages : en
Pages : 182

Book Description
The U.S. population is aging. Social Security projections suggest that between 2013 and 2050, the population aged 65 and over will almost double, from 45 million to 86 million. One key driver of population aging is ongoing increases in life expectancy. Average U.S. life expectancy was 67 years for males and 73 years for females five decades ago; the averages are now 76 and 81, respectively. It has long been the case that better-educated, higher-income people enjoy longer life expectancies than less-educated, lower-income people. The causes include early life conditions, behavioral factors (such as nutrition, exercise, and smoking behaviors), stress, and access to health care services, all of which can vary across education and income. Our major entitlement programs - Medicare, Medicaid, Social Security, and Supplemental Security Income - have come to deliver disproportionately larger lifetime benefits to higher-income people because, on average, they are increasingly collecting those benefits over more years than others. This report studies the impact the growing gap in life expectancy has on the present value of lifetime benefits that people with higher or lower earnings will receive from major entitlement programs. The analysis presented in The Growing Gap in Life Expectancy by Income goes beyond an examination of the existing literature by providing the first comprehensive estimates of how lifetime benefits are affected by the changing distribution of life expectancy. The report also explores, from a lifetime benefit perspective, how the growing gap in longevity affects traditional policy analyses of reforms to the nation's leading entitlement programs. This in-depth analysis of the economic impacts of the longevity gap will inform debate and assist decision makers, economists, and researchers.

The Growing Gap in Life Expectancy by Income

The Growing Gap in Life Expectancy by Income PDF Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 030931710X
Category : Social Science
Languages : en
Pages : 182

Book Description
The U.S. population is aging. Social Security projections suggest that between 2013 and 2050, the population aged 65 and over will almost double, from 45 million to 86 million. One key driver of population aging is ongoing increases in life expectancy. Average U.S. life expectancy was 67 years for males and 73 years for females five decades ago; the averages are now 76 and 81, respectively. It has long been the case that better-educated, higher-income people enjoy longer life expectancies than less-educated, lower-income people. The causes include early life conditions, behavioral factors (such as nutrition, exercise, and smoking behaviors), stress, and access to health care services, all of which can vary across education and income. Our major entitlement programs - Medicare, Medicaid, Social Security, and Supplemental Security Income - have come to deliver disproportionately larger lifetime benefits to higher-income people because, on average, they are increasingly collecting those benefits over more years than others. This report studies the impact the growing gap in life expectancy has on the present value of lifetime benefits that people with higher or lower earnings will receive from major entitlement programs. The analysis presented in The Growing Gap in Life Expectancy by Income goes beyond an examination of the existing literature by providing the first comprehensive estimates of how lifetime benefits are affected by the changing distribution of life expectancy. The report also explores, from a lifetime benefit perspective, how the growing gap in longevity affects traditional policy analyses of reforms to the nation's leading entitlement programs. This in-depth analysis of the economic impacts of the longevity gap will inform debate and assist decision makers, economists, and researchers.

The Growing Gap in Life Expectancy by Income

The Growing Gap in Life Expectancy by Income PDF Author: Committee on Population--Phase II
Publisher:
ISBN: 9780309317078
Category : Social Science
Languages : en
Pages : 182

Book Description
The U.S. population is aging. Social Security projections suggest that between 2013 and 2050, the population aged 65 and over will almost double, from 45 million to 86 million. One key driver of population aging is ongoing increases in life expectancy. Average U.S. life expectancy was 67 years for males and 73 years for females five decades ago; the averages are now 76 and 81, respectively. It has long been the case that better-educated, higher-income people enjoy longer life expectancies than less-educated, lower-income people. The causes include early life conditions, behavioral factors (such as nutrition, exercise, and smoking behaviors), stress, and access to health care services, all of which can vary across education and income. Our major entitlement programs - Medicare, Medicaid, Social Security, and Supplemental Security Income - have come to deliver disproportionately larger lifetime benefits to higher-income people because, on average, they are increasingly collecting those benefits over more years than others. This report studies the impact the growing gap in life expectancy has on the present value of lifetime benefits that people with higher or lower earnings will receive from major entitlement programs. The analysis presented in "The Growing Gap in Life Expectancy by Income" goes beyond an examination of the existing literature by providing the first comprehensive estimates of how lifetime benefits are affected by the changing distribution of life expectancy. The report also explores, from a lifetime benefit perspective, how the growing gap in longevity affects traditional policy analyses of reforms to the nation's leading entitlement programs. This in-depth analysis of the economic impacts of the longevity gap will inform debate and assist decision makers, economists, and researchers.

How the Growing Gap in Life Expectancy May Affect Retirement Benefits and Reforms

How the Growing Gap in Life Expectancy May Affect Retirement Benefits and Reforms PDF Author: Alan J. Auerbach
Publisher:
ISBN:
Category : Income distribution
Languages : en
Pages : 38

Book Description
Older Americans have experienced dramatic gains in life expectancy in recent decades, but an emerging literature reveals that these gains are accumulating mostly to those at the top of the income distribution. We explore how growing inequality in life expectancy affects lifetime benefits from Social Security, Medicare, and other programs and how this phenomenon interacts with possible program reforms. We first project that life expectancy at age 50 for males in the two highest income quintiles will rise by 7 to 8 years between the 1930 and 1960 birth cohorts, but that the two lowest income quintiles will experience little to no increase over that time period. This divergence in life expectancy will cause the gap between average lifetime program benefits received by men in the highest and lowest quintiles to widen by $130,000 (in $2009) over this period. Finally we simulate the effect of Social Security reforms such as raising the normal retirement age and changing the benefit formula to see whether they mitigate or enhance the reduced progressivity resulting from the widening gap in life expectancy.

Preventing Ageing Unequally

Preventing Ageing Unequally PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264279083
Category :
Languages : en
Pages : 256

Book Description
This report examines how the two global mega-trends of population ageing and rising inequalities have been developing and interacting, both within and across generations.

Older Mexicans and Latinos in the United States

Older Mexicans and Latinos in the United States PDF Author: Jacqueline L. Angel
Publisher: Springer Nature
ISBN: 3031488091
Category : Social Science
Languages : en
Pages : 295

Book Description
This book delves into the consequences of rapid population aging for Mexico and U.S. Latinos, impacting various institutions, including families, the labor force, and healthcare systems. It examines in depth the causes and consequences of the increasing prevalence of cognitive impairment and dementia, especially early-onset decline in the Mexican-origin population. The book identifies resilience factors as critical to successful aging and health in the Mexican and Mexican-American populations from a transdisciplinary perspective. It also examines the diversity in the experiences of older adults with dementia and related disorders and that of their families in Mexico and the United States. The book also helps to better understand the levels of need and support capacity in both nations and the organizational contexts of long-term care in both countries. The ultimate goal of this sixth volume in the series on aging in the Americas is to identify critical sources of vulnerability and possible policy options for closing the gap in affordable and sustainable long-term care and financial wellbeing for low-resource populations living with dementia and other medical conditions in both countries. The volume presents new information, consensus data, potential venues for intervention, and action frameworks to advance current knowledge grounded in global aging health systems research of closing disparities in vulnerable populations at high risk of declining cognitive and physical health in two different political contexts. As such, the book provides a wealth of information for researchers, policy makers and professionals in the field of population aging.

Financial Services and General Government Appropriations for 2010, Part 8, 111-1 Hearings, *

Financial Services and General Government Appropriations for 2010, Part 8, 111-1 Hearings, * PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 216

Book Description


Financial Services and General Government Appropriations for 2010: IRS; OMB; Treasury Dept

Financial Services and General Government Appropriations for 2010: IRS; OMB; Treasury Dept PDF Author: United States. Congress. House. Committee on Appropriations. Subcommittee on Financial Services and General Government
Publisher:
ISBN:
Category : Administrative agencies
Languages : en
Pages : 220

Book Description


The Longevity Economy

The Longevity Economy PDF Author: Joseph F. Coughlin
Publisher: Hachette UK
ISBN: 1610396650
Category : Business & Economics
Languages : en
Pages : 352

Book Description
Oldness: a social construct at odds with reality that constrains how we live after middle age and stifles business thinking on how to best serve a group of consumers, workers, and innovators that is growing larger and wealthier with every passing day. Over the past two decades, Joseph F. Coughlin has been busting myths about aging with groundbreaking multidisciplinary research into what older people actually want -- not what conventional wisdom suggests they need. In The Longevity Economy, Coughlin provides the framing and insight business leaders need to serve the growing older market: a vast, diverse group of consumers representing every possible level of health and wealth, worth about $8 trillion in the United States alone and climbing. Coughlin provides deep insight into a population that consistently defies expectations: people who, through their continued personal and professional ambition, desire for experience, and quest for self-actualization, are building a striking, unheralded vision of longer life that very few in business fully understand. His focus on women -- they outnumber men, control household spending and finances, and are leading the charge toward tomorrow's creative new narrative of later life -- is especially illuminating. Coughlin pinpoints the gap between myth and reality and then shows businesses how to bridge it. As the demographics of global aging transform and accelerate, it is now critical to build a new understanding of the shifting physiological, cognitive, social, family, and psychological realities of the longevity economy.

Aging A-Z

Aging A-Z PDF Author: Carroll L. Estes
Publisher: Routledge
ISBN: 0429619588
Category : Social Science
Languages : en
Pages : 497

Book Description
This provocative, intellectually charged treatise serves as a concise introduction to emancipatory gerontology, examining multiple dimensions of persistent and hotly debated topics around aging, the life course, the roles of power, politics and partisanship, culture, economics, and communications. Critical perspectives are presented as definitions for reader understanding, with links to concepts of identity, knowledge construction, social networks, social movements, and inequalities. With today’s intensifying concentration of wealth and corporatization, precarity is the fate for growing numbers of the world’s population. Intersectionality as an analytic concept offers a new appreciation of how social advantage and disadvantage accumulate, and how constructions of race, ethnicity, class, ability, and gender influence aging. The book’s entries offer a bibliographic compendium, crediting the salience of early pioneering theorists and locating these within the cutting-edge of research (social, behavioral, policy, and gene–environment sciences) that currently advances our understandings of human development, trauma, and resilience. Accompanying these foundations are theories of resistance for advancing human rights and the dignity of marginalized populations.

Seeking Equality

Seeking Equality PDF Author: John Harles
Publisher: University of Toronto Press
ISBN: 1442634316
Category : Political Science
Languages : en
Pages : 293

Book Description
Seeking Equality compares economic inequality in the United States and Canada. The North American neighbors have much in common—socially, politically, and economically—yet Canadians enjoy significantly higher levels of equality and material well-being. Harles explores the values and policy decisions that have influenced these different economic outcomes. Drawing on the Canadian experience, he explains why a yawning gap between the very rich and the rest should be cause for civic anxiety in the United States...and what can be done about it.