Monday, July 13, 2009

Retirement and Healthcare blog 4

Lately, it seems that retirement is a thing of the past. I was always taught that you save your money and invest well. It seems that as our economy suffers, the money we have in our accounts becomes less and less and our investments are hurting more than ever. With taxes on the rise and inflation at an all time high, wages don’t seem to be keeping up.

As a younger individual, I see that the days of being 65 and quitting work to be disappearing as fast as my bank account. I see elders who were living a good life, retired now and returning to work to pay for the rising cost of healthcare and the costs of the medications it takes to live. As a diabetic, I see elders paying huge co-pays for doctor visits and medications that I take now. How will I retire and continue to live paying the rising cost of my healthcare if the people that are retired now cannot?

We must find ways to provide healthcare for our elders now or our generation may never see the golden years as golden at all, but black. If we do not find ways to improve our healthcare system our elders of today and tomorrow may not be able to live without working. We also must ensure that social security is around for younger generations to enjoy, and have, to be able to live our latter years.

Working in the field of healthcare, I see the many flaws that plague our system every day. It is just a question of whether the government should play a large role in this or not. No matter what you decide, a change must be made soon or we may never get to experience what our elders call the golden years. The rising cost of everything, especially healthcare costs, along with diminishing financial reserve, is a recipe for disaster that will affect our elderly of the present and future.

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