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Living to 100: How Will We Afford Our Longer Lives?
May 19, 2020/
Many U.S. states including California, Washington, Massachusetts and Connecticut offer seniors the ability to defer all of their property taxes.
“Longevity bonds would have, in a sense, the opposite scenario. When people live for a long time, there would be some mechanism to help pay for those extra-long lives.”
The common thread in all those discussions is that “there is latent demand for some sort of guaranteed income.”
Innovative strategies are needed also to finance and deliver long-term care (LTC).
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