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GAO Testimony: Retirement Options for Older Americans
U.S. Government Accountability Office [GAO]Link to more items from this source
Apr. 28, 2005
17 pages. "The aging of the baby boom generation (those born between 1946 and 1964), increased life expectancy, and falling fertility rates pose serious challenges for our nation. These trends will affect the size and productivity of the U.S. labor force and its output and will have real and important impacts on employers and the economy.... [T]he expected increasing ratio of the elderly to those of working ages will place added pressure on Social Security and Medicare, both of which face long-term financial problems." [GAO-05-620T, published Apr. 27, 2005, released Apr. 27, 2005]

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