Planning for Life

Aging 2.0 Conference Paints Challenging Picture for Baby Boomers

Posted by Harry S. Margolis on October 29, 2019

By Harry S. Margolis

Elder-care-aging-support-Wellesley-MA

 

Organized by the indefatigable Tim Driver, founder of RetirementJobs.com, the Age Friendly Foundation, and AgeFriendly.com, hundreds of aging professionals, academics, medical providers, journalists and government leaders met at the Seaport Hotel on October 23rd to discuss the future of aging in Massachusetts. Driver's incredible slate of presenters included Mayor Marty Walsh, Governor Charlie Baker, industry leaders, Boston Red Sox President Sam Kennedy, and Alexander Kalache, MD, Co-President of the International Longevity Centres Global Alliance.

There were a few common themes about the challenges of our increasingly older population voiced by speakers from many different perspectives:

  • Inequity is a big problem; the wealthy can buy the care they need, there are some programs for the poor, and not much for the vast majority of Americans.
  • We have over-medicalized elder care and invested too little in social supports; this is a very expensive approach.
  • We operate too much in silos—health care professionals not talking to social service providers, who are not talking to private industry.
  • Social isolation versus participation in community is a big determinant of our welfare as we age.
  • Any solution will have to come through public-private partnerships.
  • Workforce—if we don't expand and better train and compensate the workforce that provides care to seniors, nothing else will work.

Here are some of the highlights:

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Topics: Caregivers, Aging Population, aging

Massachusetts Scores in Middle of Ranking of Best States for Aging

Posted by Harry S. Margolis on October 23, 2019

By Harry S. Margolis

massachusetts-aging-margolis-and-bloom

For those of us in Massachusetts who expect our state to score high in every state-to-state competition, the recent US News & World Report ranking of the best states for aging is a disappointment. In a ranking that doesn't even take into account our winter weather, we rank 27th out of 50 states.

The ranking takes into account several factors, including the quality of nursing homes and medical care, life expectancy, and the cost of living. We score well on life expectancy (12th), Medicare quality (4th), percentage of seniors who are able-bodied (15th), and primary care (6th).

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Topics: Aging Population, demographics

Is Demography Destiny?

Posted by Harry S. Margolis on February 13, 2018

By Harry S. Margolis

During a recent bike trip in in Vietnam, I was struck by how youthful the country seems. The streets are full of young people on motor scooters. We were told that in a country of 95 million people, there are 35 million motor scooters (called Hondas just like we call tissues Kleenex). Riding the country's web of rural lanes, we passed hundreds of schoolchildren who waved and called “Hello” to us.

Vietnam-baby-boomers-milennials-wealth-gap-estate-planning-attorney-Wellesley-MA

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Topics: Aging Population, demographics

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