Press accounts in the United States from 1946 to 1964, there are 72 million survivors. The center for disease control in the United States of America claims that more than half of the clinical visits are attributed to the baby boomers and it is a big sign that this generation is aging very fast. Preventative healthcare is less costly and will put less of a drain on the medicare system in the future if this population is able to afford healthcare.
The ability to reinvest or replenish retirement funds lost during this economic time could assist the aging tax payer in the future for housing and care.
The low and middle class are the most effected, providing a cap on the tax cut or credit may be needed. Example: Annual income does not exceed $200,000 and $20,000 in Retirement savings.
This is historical material “frozen in time”. The website is no longer updated and links to external websites and some internal pages may not work.
