Wednesday, January 02, 2013

Long-Term Implications of an Aging Population

The National Academies recently released a congressionally mandated study from the National Research Council about the long-term economic implications of the ratio of people aged 65+ to people aged 20-64 rising by 80%. Entitled Aging and the Macroeconomy: Long-Term Implications of an Older Population, the report offers "four practical approaches for preparing resources to support the future consumption of households and for adapting to the new economic landscape." A free pdf of the 239 page report is available from the Academies website as is a $49.00 paperback version. More information is available from the press release.