12,000 People A Day  

By the end of 2025, close to 12,000 people a day will turn 65. That was an eye-catching statistic in the recent article,;A ‘Silver Tsunami’ Approaches, And The U.S. Economy Is Not Prepared.

For most people, that means paying for another 20 years of expenses.;A man turning 65 this year is expected to live to 84; a woman is expected to live to 86 (see;NHIS-Adult Summary Health Statistics).;But for anyone developing health problems, there are likely;steep expenses—$100,000 for one year at a nursing home . . .