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Why an aging population should be seen as an economic boon

Aging Americans make valuable contributions to the U.S. economy, yet ageism remains a major obstacle for them in the workplace. What: Web talk series about why the aging population will help the economy, presented presented by Renew Senior Communities, in partnership with the Glenwood Springs Post Independent and The Aspen Times.

Who: Co-hosted by Christopher Farrell, senior economics contributor, Marketplace and Minnesota Public Radio; author of “Purpose and a Paycheck, Unretirement, The New Frugality;” and Lee Tuchfarber, CEO of Renew Senior Communities.

When: July 29, 3 to 4 p.m.

There are roughly 117.4 million people over the age of 50 in the United States, of which about 52 million are over the age of 65. By 2060, the American Association of Retired Persons (AARP) estimates that about 95 million Americans will be over the age of 65.

Some economic analysts view an aging population as a detriment to economic growth, but positive factors among an aging population such as longevity, valuable work experience and a continued desire to work could actually mean the opposite. Christopher Farrell, senior economics contributor for American Public Media’s Marketplace. “Older people are an underappreciated asset in the U.S. economy,” said Christopher Farrell, senior economics contributor for American Public […]

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