Why The US Is A Bad Place To Grow Old 01.09.24
Description
In episode 1603, Jack and guest co-host Ben Bowlin are joined by estate attorney Diana Law to discuss the impending unprecedented demographic shift in which the global population is about to be older than it's ever been before, the rising cost of elder care and the difficulties the non-wealthy have leaving an inheritance for their families.
Dying Broke In America – https://www.nytimes.com/2023/11/14/health/long-term-care-facilities-costs.html?smid=nytcore-ios-share&referringSource=articleShare
What It Looks Like in Other Countries – https://www.nytimes.com/2023/11/14/health/long-term-care-insurance-global.html?action=click&module=RelatedLinks&pgtype=Article
Baby Boomer Expected Wealth Transfer – https://fortune.com/2023/12/22/older-baby-boomers-won-pandemic-14-trillion-richer-wealth/
Getty Trust: Why the super rich are the only ones who leave money to relatives - https://www.newyorker.com/magazine/2023/01/23/the-getty-familys-trust-issues
The Dependency Ratio – https://www.economicshelp.org/blog/glossary/dependency-ratio/
LISTEN: Float by Janelle Monáe
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