Using a dynamic microsimulation, Chapel and coauthors explore factors like mortality, health expenditures, and quality-life
adjusted years of five cohorts of near-retiree Americans between 1994 and 2018.
They conclude that while annual resources increased for the upper-middle economic status group between 1994 and 2018, annual resources decreased for the lower-middle group.
They also find that quality-adjusted life expectancy increased for the upper-middle economic status group, but remained stagnant for the lower-middle group. These findings, among others, suggest that seniors in the middle economic status group will need additional resources and
support.
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