Poor Health and Dependency Usually Create the “No-Go” Years
Medical and Elder Care Costs May Be Deferred, but Not Eliminated The baby boomers are changing society again! The children of the ’60s are now in their 60s. The new Medicare generation feels forever young, but youth is fleeting even for the most optimistic people group ever to enter retirement. Sooner or later—and perhaps it will be later—boomers will need some form of assisted home living. Maybe not nursing home care, but convalescent care at home. Watch the interview with registered investment advisor Anthony Cangemi. There are basically three phases in retirement: The “Go-Go Years,” the “Slow-Go” Years and...
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