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The Graying Of America
Beginning of paper
Of the total federal expenditures in 1995, Social Security together with
Medicare(federally founded health program aimed at helping the elderly, founded
in 1965) was the largest, accounting for about 34 percent. In 2005 this figure
is predicted to be as high as 39 percent. This is caused by the "graying" of
America and the increased number of elde ....
Middle of paper
....re
surprising, in less than 50 years, there will be as many Americans aged 80 and
older as there are now people over 65.
People are also living longer; In 1900 life expectancy was 47 at birth, and if
you lived to be 65, your life expectancy was suddenly 77. In 1993 it was 76 at
birth and 82 if you turned 65. At the same time, retirement ages have .... |
| Word count: 979 |
Page count: 4 |
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