Across the States: Profiles of Long-Term Services and Supports

A major demographic shift is happening. The ages 85+ population is projected to triple between 2015 and 2050. In comparison, the population younger than age 65 will increase by only 12 percent. The growth of the 85+ age group is projected to significantly outpace all other groups once baby boomers begin turning age 85 in 2031, marking the beginning of boomer-driven 85+ population growth for the following two decades. That has significant implications. The 85+ cohort is the most likely …

Recognizing and Honoring Entrepreneurship

  This week, recognized as National Small Business Week by the Small Business Administration, spotlights the hard work and tenacity of 30M small business owners. Being a small business owner is not easy by any measure but these individuals are risk takers, community engagers, and innovators that often single-handedly work to realize their dream and vision, fueled by a desire to create an opportunity for themselves and others. AARP believes entrepreneurship is a path to financial security. One third of …

“Planning for Aging” is Taking Off

One of the most exciting developments in the livable communities movement is the increasing collaboration between aging professionals and planners—professionals who shape the form and function of future communities. Some incredible progress was made on this front at the 2018 Livable Communities for All Ages (LCA) Summit in San Francisco March 29. Over two hundred planners and aging professionals experienced what this cross-sector planning looks like and committed to collaborating better moving forward. The summit, which took place at the …

Employment for those ages 55+ holds steady in November

Employment overview The Bureau of Labor Statistics (BLS) November Employment Situation Summary showed the economy added 228,000 jobs—down slightly from the 244,000 jobs added in October (revised down from 261,000). Both the overall unemployment rate and the unemployment rate for persons 55 and older remained unchanged from October at 4.1and 3.1 percent, respectively. The number of unemployed individuals ages 55+ was also unchanged at 1.1 million and the labor force participation rate for those 55 and older increased slightly to …

Senate Bill: Millions of Older Americans Could See Higher Tax Bills

The Senate Finance Committee (SFC) recently passed its tax reform proposal — the “Tax Cuts and Jobs Act.” This bill, like the House-passed tax legislation, warrants the attention of older Americans. Not only because it increases taxes on some taxpayers 65+, but also because it would trigger rules that, barring congressional action, would result in automatic cuts to federal programs. According to the non-partisan Congressional Budget Office, those cuts would be $136 billion in fiscal year 2018, $25 billion of …

Supporting Small Businesses…Saturday

Small businesses have and will continue to play a vital role in helping communities thrive. In the past small businesses have typically been our local bakery, florist, dry cleaners, barber shop, candy store, and the pizza and sandwich shop. Present day, small businesses now include online artisan and jewelry boutiques, clothing stores, food trucks, pop-up shops, nail salons, and pet walkers, to name a few. To honor the contributions small businesses make to help sustain local communities, and to encourage …