Baby boomers are aging. Are you sure

Baby boomers aging and long term care for themselves and their parents The baby boom generation -- those born between 1946 and 1964 -- is uniquely affected by the growing dilemma of long term care. As they age and expect to rely on a financing system established by the government, that system threatens to deteriorate and collapse under the unprecedented number of baby boomers who will need long term care. Our government has had ample time to respond to this situation, but like everything else they have done very little but talk.

The retirement of the baby boom generation will coincide with tremendous advances in medical science and with that, longer lives. Even though the baby boomers may retire with the largest nest eggs in history, they will be forced to apply much of their hard-earned savings toward the long term care these

medical advances warrant. Quoting from one of the foremost Spine and Neurosurgeons in America, "The USA is the most medically advanced country in the world and has the LOWEST QUALITY HEALTHCARE. This is a major problem in this country and has

been for many years. Try walking into a doctors office with a problem if you have no INSURANCE or money to pay for the visit and see how far you get. What is the first question you are asked when you walk into a doctors office. Is it "what is wrong with you"? Hell no it is, who do you have insurance with or how are you going to pay? Get Appease Powerful Hoodia Spray today & curb overeating! Buy 2 get 3rd bottle free!

An Immediate Problem

The problem of long term care financing is a pressing one for the baby boom generation. According to the U.S. Census Bureau, the number of Baby Boomers aged 65 to 84 is expected to grow 80 percent in the next 30 years. Many have not begun to plan for long term care needs, while many others believe those needs will be met by government health care programs. Given the staggering costs, it is difficult to pay for long term care when one has worked hard and saved for retirement. I personally do not want my children to have to keep me in their home and baby sit me if I live to be 85 or 90. I think it is grossly unfair to them because they have a right to live their lives without that burden. A nursing home will be fine with me. It is next to impossible when a family is not prepared. Boost your skin's appearance with one small capsule - CoQ10 fights free radicals Get Yours Here - Free Shipping !

"Now is the time to prepare to meet the demands that will come when the baby boomer generation retires," a report by the Senate Special Commission on Aging recently concluded. That is the problem though, especially with the senate. They are "good at reaching conclusions and short on action". AmericanDiabetes.com

The baby boom generation is growing old, and the numbers are staggering. As medical science increases the length of our lives, it is increasing the need for sustained long term care. Every eight seconds in America a baby boomer turns 50.

"Baby boomers are at a precarious crossroads". Many are "sandwiched"-- forced to balance paying for their children's college education while meeting the long term care needs of an elderly parent. This puts a burdensome emotional and financial strain on a generation that has worked hard for a lifetime to enjoy retirement. It also places a heavy strain on the children of baby boomers, who may have to consider the use of their own savings and retirement plans to meet the needs of their aging parents.

Baby Boomers at Financial Risk

A new national study indicates that members of the baby boom generation largely are unprepared for retirement. A report by the National Center for Women and Retirement Research shows that

25 percent of those polled had not made financial plans for retirement. The median amount of assets baby boomers have set aside for retirement is $30,000--an amount that would cover less than one year of nursing facility costs ($51,000/year). Yet the average stay in a nursing facility is 2.3 years. I see this as a very good reason to put an end to the so-called "death tax", along with many others.

"The current system of financing and delivering long term care for the baby boomer generation is badly broken." How many times have we heard this tired old statement from politicians regarding our parents. They are still making the same statement except now, it is to the baby boomers.

"With roughly 77 million members of the baby boom generation beginning to retire as early as 2010, we will see enormous strains placed on the overall health care delivery system," said one Senator recently on the Senate Committee on Aging. The increased need for long term care that will accompany the retirement of the baby boomers has largely been ignored. Since many will have failed to plan for long term care, baby boomers who have been financially secure for years could find themselves below the poverty line within months. Doctor Quality Reports

What he failed to mention was the billions of dollars in taxpayer money being funneled to "Pork Projects", in their states, that are added called "earmarks". This is usually done at the so-called "conference Committees". I call them "backroom deals", made between senators and congressman.

I will be the first to admit the baby boomers are facing all of the things I just outlined, but maybe the landing would be a little softer if we weren't taxed to death, all the way from the local level to the federal level.