Economics of Aging | Aging Matters | NPT Reports

In this edition of Aging Matters, Nashville Public Television examines the costs and financial impact of aging and hears from people navigating financial decisions now. Have we saved and planned enough so our finances will last as long as we do? The average person turning 65 this year will live to be 85 years old. But one in five will live to be 90. One in ten will live to be 95.
Will we be able to afford the quality of life we want? The future is always uncertain, but what is important is that we take time to look ahead, discuss and prepare for the economics of aging.

Пікірлер: 30

  • @cunite9263
    @cunite92632 жыл бұрын

    I just turned 62 this year and after retiring from being an OFW 3yrs ago gets a humble financial support regularly from my hubby who's overseas. Nevertheless I still keep a small time income of my own once the spouse is long gone! We do our best and God takes care of the rest!

  • @gracie2375
    @gracie2375 Жыл бұрын

    Watching in 2022, now means that seniors have absolutely no hope. The system is broken, capitalism is a monster that has consumed us all. Please redo this program with today's outlook.

  • @standinginthegap7118
    @standinginthegap71189 ай бұрын

    This is so sad. Praying for everyone

  • @lilli9822
    @lilli98224 жыл бұрын

    I am paying for a private pension plan but most of my friend don't. I am worry about my finance when I am older, but my friends think their children or the government will provide for them but I don't trust anybody

  • @nasibaazamova7490
    @nasibaazamova74903 жыл бұрын

    Very good video

  • @kaylasmith8795
    @kaylasmith8795 Жыл бұрын

    The Nurse Assistant that actually take care of the patient don’t see any of that money. Where does the money go?

  • @donnaallgaier-lamberti3933
    @donnaallgaier-lamberti3933 Жыл бұрын

    I'm age 72 and expect my IRA to run out in approx. 8 years. I will only be 80 then. I had assets of $350.00 at one time but have had to spend them for out-of-pocket medical costs, a hospital bed in our home and emergencies. When my 77-year-old husband passes (with many health issues) I will lose my own SS income and will likely lose my condo at that time (unless it is paid off by then which is unlikely.) Our condo mortgage is our only debt.Not only do we not have long term care insurance we don't have any life insurance!!

  • @janeck.8695
    @janeck.86952 жыл бұрын

    Ever heard of Amazon Camper Force? Mostly retired people working in very hard conditions.

  • @TheHeartSmart1
    @TheHeartSmart14 жыл бұрын

    All misery is a business model.

  • @zitawillingham4391
    @zitawillingham43914 жыл бұрын

    That lady is nuts take your ssi at age 62 you can still work part time if you have to you could drop dead waiting to turn 70 then your family gets none of that money you never got to collect I'm so happy I'm getting my money now at 62

  • @grateful1929

    @grateful1929

    4 жыл бұрын

    I am going to be 64 in June. I work part-time. I was told if i wait until 66 i can get half of my husbands. That will be $1250.00 a month. If i go out now I'll get about $750 per month. It wouldn't benefit me to retire now.

  • @naelyneurkopfen9741

    @naelyneurkopfen9741

    3 жыл бұрын

    Bad mistake.

  • @cunite9263
    @cunite92632 жыл бұрын

    This could work for the American culture but not for all Asian countries like ours. Here we have a closely knit family where the adult children looks after their parents or hires a caregiver who stays with them

  • @gracie2375

    @gracie2375

    Жыл бұрын

    That’s the it has been for many cultures for thousands of years.

  • @George-wx9dj

    @George-wx9dj

    Жыл бұрын

    That’s slowly been changing over the years as the young no longer care about that. This is why China past that law requiring the sons or daughter to take care of their elderly parents

  • @eatpigsnot
    @eatpigsnot6 жыл бұрын

    whatever your age if you're not following Dave Ramsey you should be. how could he not be interviewed for this, especially since he's from Nashville

  • @isishecate9883
    @isishecate98834 жыл бұрын

    If you receive the average SSI payment you are well below poverty level

  • @bookbeing
    @bookbeing2 жыл бұрын

    This is a losing battle when the costs keep increasing faster than anyone can save. So every dollar saved is worth less and less.

  • @RickMartinYouTube
    @RickMartinYouTube4 жыл бұрын

    gotta live beneath your means - don't need a new car every 4-5 yrs, new TV, new stuff ---people are in debt and no foresight about their retirement years, in my opinion.....nor are they going into professions that can sustain income for decades - need to find jobs with security

  • @raegold024
    @raegold024 Жыл бұрын

    There 8s a war against the elderly. Everything we worked for is getting taken away. Something is wrong with this world.

  • @ligbzd837
    @ligbzd837 Жыл бұрын

    Parents should live with their adult kids... Retired people shouldn't maintain their standard of living. They should cut their standard of living or cost of living by at least half.

  • @cgreen777
    @cgreen7774 жыл бұрын

    These seniors need to stop being warehoused in indoor artificial environments.

  • @ellengoode1855

    @ellengoode1855

    4 жыл бұрын

    The medical profession that is controlled by the pharmaceuticals is creating this crisis with it's toxic potions called drugs and vaccines. It is the worst form of consumer fraud. It is voodoo to tell patients they will die without these toxic drugs and then lie to them that there are no cures. Food is our medicine. If these old people were put on www.gerson.org they would get better and live the rest of their lives like normal people instead of the helplessness put on them by medical consumer fraud. Take control of your own health before you become a victim of this medical Mafia created by pharmaceutical who are murdering millions. death by medicine kzread.info/dash/bejne/doeKqNxpZtW2cdY.html vaccines are bio weapons kzread.info/dash/bejne/a4ujr9KsZLPToNI.html www.thetruthaboutvaccines.com www.thetruthaboutcancer.com kzread.info/dash/bejne/nHerytSsaNq3qJs.html How medical Mafia is controlled by pharmaceuticals who have infiltrated our government agencies kzread.info/dash/bejne/hIphxc6apJjMiso.html fire the murderous doctors who serve pharma and take control of your own health www.doctoryourself.com www.cancertutor.com www.phoenixtears.ca www.drjenniferdaniels.com tells the truth www.drday.com www.drbuttar.com

  • @terencenelson1950
    @terencenelson1950 Жыл бұрын

    Is bad the only way you can live in this country you got to have money it's sad that in this country you ain't got no money you can't survive everything's about money and everybody that's selling you stuff coming up with their own prices to gouge you so they could get rich and you'll get poor

  • @MrSvenovitch
    @MrSvenovitch3 жыл бұрын

    Life is slavery and never ending worrying. Death is liberation, a return to the sweet nothingness of non-existence. That is why, unlike my parents, I did not have kids. I hope I will have access to the hemlock cup when my health and/or money runs out.

  • @naelyneurkopfen9741

    @naelyneurkopfen9741

    3 жыл бұрын

    You're a misery, snap out of it.