1% had incomes above $171,650 5% had incomes above $93,900

Slides:



Advertisements
Similar presentations
Who is hurt and who is helped by Inflation?
Advertisements

© 2013 Empire Justice Center How Detailed Data Analysis Reveals the True Face of Suburban Poverty PART 2 September 26, 2013 Presented by: Michael L. Hanley.
Millennials Americans born from 1977 to POPULATION CHARACTERISTICS 75 million people are in the Millennial generation – 25% of the total U.S. population.
Who is hurt and who is helped by inflation? Helped Hurt Uncertain.
Class Structure A social class consists of a category of people who share similar opportunities, similar economic and vocational positions, similar lifestyles,
Demographics 14,583 people. 6,137 housing units The racial makeup 97.31% White, 0.23% African American, 2.03% Native American, 0.76% Asian,
Social Security: Its Role in Retirement Planning William J. Arnone Ernst & Young LLP National Academy of Social Insurance September 2007.
Click to edit Master subtitle style. 55 million people Who Gets Benefits from Social Security? 34.9 million Retired Workers 2.9 million Dependents 8.3.
William H. Frey The Brookings Institution America’s Changing Racial Diversity From The Bottom Up.
Medicare: An Overview September 30, 2014 Society for Financial and Professional Development 7 th Annual Financial Literacy Leadership Conference Christina.
NOTES: Numbers may not sum to total due to rounding. People with disabilities under age 65 were not eligible for Medicare prior to SOURCE: Centers.
Reynolds Farley The University of Michigan Population Studies Center Institute for Social Research 426 Thompson Ann Arbor, Michigan August 1,
A presentation for the Women’s Institute for a Secure Retirement February 28, 2008 Barbara D. Bovbjerg Director Education, Workforce, and Income Security.
Roomers and Boarders: Melissa Scopilliti, University of Maryland, Maryland Population Research Center; Population Division, U.S. Census Bureau.
The Impact of Health Expenses on Older Women ’ s Financial Security Juliette Cubanski, Ph.D. The Henry J. Kaiser Family Foundation AcademyHealth 2007 Annual.
Bruce C. Vladeck, Ph.D. Physicians for a National Health Program Boston, MA November 2, 2013.
The Family and Household Transition
Upside Down: The $400 Billion Federal Asset Budget Corporation for Enterprise Development September 23, 2010 Eugene Steuerle Richard B. Fisher Institute.
Glenn C. Loury Brown University Presentation at Conference Honoring the Memory of Prof. John Hope Franklin Duke University, April 2010.
Community Assessment By Patricio Merino. Lawrenceville Population (year 2000): Population (year 2000): Rate of growth: 28.82% Rate of growth:
General Demographics Missouri and Its Southwest Region in perspective.
Social Security Spouse and Survivor Benefits for the Modern American Family Melissa M. Favreault and C. Eugene Steuerle The Urban Institute August 10,
Figure 1 SOURCE: Kaiser Family Foundation analysis of the Medicare Current Beneficiary Survey 2010 Cost and Use file. Selected Demographic Characteristics.
Chapter 8 Finances and Economics. Table 8.1 Older Population’s Average Annual Income © 2012 Pearson Education, Inc. All rights reserved.
What is poverty? Alyssa Vitztum. The state of being extremely poor.
Insured, Uninsured and the Underinsured (US data). Olayinka Oladimeji Pharmaceutical Management for Underserved Populations. 03/21/07.
The American Family. Courtship and Marriage Homogamy: marrying individuals with similar social characteristics as your own. °Age, socioeconomic status,
San Jose Demographic Findings and Trends, Census 2010 Michael Bills, Senior Planner City of San Jose.
Presentation at MassHousing Prabal Chakrabarti, AVP and Director of Community Development March 3, Any views expressed are not necessarily those.
Source: Kaiser Family Foundation analysis of 2013 OECD data: "OECD Health Data: Health status: Health status indicators", OECD Health Statistics (database).
Medicare Enrollment, NOTES: Numbers may not sum to total due to rounding. People with disabilities under age 65 were not eligible for Medicare.
August 3, 2017 How Do Retiree Health Costs Affect People and Programs?
Sources of Income for those Aged 65 or Older,
Extreme Poverty, Poverty, and Near Poverty Rates for Children Under Age 5, by Living Arrangement: 2015 The data for Extreme Poverty, Poverty, and Near.
Who is hurt and who is helped by Inflation?
Medicare Household Spending Non-Medicare Household Spending
Median Per Capita Home Equity of Medicare Homeowners, by Federal Poverty Level and Race/Ethnicity, 2012 Median per capita home equity, among beneficiaries.
Bivonas Italian restaurant
How do health expenditures vary across the population?
U.S. Hispanic Population: 2000
Percent of Total Health Care Spending
Retirement Prospects for Millennials: What Is the Early Prognosis
Medicare Enrollment, NOTES: Numbers may not sum to total due to rounding. People with disabilities under age 65 were not eligible for Medicare.
Characteristics of the Nonelderly Uninsured, 2014
Extreme Poverty, Poverty, and Near Poverty Rates for Children Under Age 5, by Living Arrangement: 2011 The data for Extreme Poverty, Poverty, and Near.
Social Security Income Social Security Income Social Security Income
The Latest Trends in Income, Assets, and Personal Health Care Spending Among People on Medicare November 2015.
Work and Retirement.
Income-Based Exemptions from the Individual Mandate
USA Learns Citizenship
Older men were more likely to live with their spouse than were older women. In 2003, 73 percent of older men lived with their spouse while only one-half.
Extreme Poverty, Poverty, and
Change in Average Annual Family Health Spending Under Path Proposal Compared with Projected Without Reforms: Average Savings per Family Average Savings.
Life Cycle of Financial Planning
Characteristics of the Medicare Population
Characteristics of the Medicare Population
Median per capita savings, among those with savings (in 2012 dollars)
Share of Medicare beneficiaries Median savings () Mean savings
Extreme Poverty, Poverty, and
Current conditions.
WHO MAKES THE INTERNET SO POPULAR?
Civics Chapter 13: Family.
Reynolds Farley The University of Michigan Population Studies Center
Income-related monthly adjustment amount Total monthly premium amount
Median Per Capita Savings of the Medicare Population, by Federal Poverty Level and Race/Ethnicity, 2012 Median per capita savings, among all beneficiaries.
How do health expenditures vary across the population?
Extreme Poverty, Poverty, and
Extreme Poverty, Poverty, and
Share of Medicare beneficiaries Median (50th percentile)
Presentation transcript:

1% had incomes above $171,650 5% had incomes above $93,900 Half of all Medicare beneficiaries had incomes below $23,500 per person in 2013 1% had incomes above $171,650 5% had incomes above $93,900 50% had incomes below $23,500 25% had incomes below $14,400 SOURCE: Urban Institute / Kaiser Family Foundation analysis of DYNASIM data 2013.

Median per capita income among Medicare beneficiaries varies by beneficiary characteristics in 2013 Race/ethnicity Age Marital Status Total White Black Hispanic Under 65 65-74 75-84 85 or older Married Divorced Widowed Single NOTE: Total household income for couples is split equally between husbands and wives to estimate income for married beneficiaries. SOURCE: Urban Institute / Kaiser Family Foundation analysis, 2013.

50th percentile (Median) Growth in per capita income is projected to be concentrated among beneficiaries with higher incomes Per Capita Total Income (in 2013 dollars) 95th percentile 90th percentile 75th percentile 50th percentile (Median) 25th percentile 2013 2015 2020 2025 2030 Year NOTE: All incomes are adjusted to 2013 dollars. SOURCE: Urban Institute / Kaiser Family Foundation analysis, 2013.

Half of all Medicare beneficiaries had savings below $61,400 per person in 2013 1% had savings above $3,423,800 5% had savings above $1,112,950 50% had savings below $61,400 25% had savings below $11,300 8% had $0 in savings or were in debt SOURCE: Urban Institute / Kaiser Family Foundation analysis of DYNASIM data 2013.

among those with savings Median per capita savings among Medicare beneficiaries varies by beneficiary characteristics in 2013 Median per capita savings among all beneficiaries Race/ethnicity Age Marital Status Total White Black Hispanic Under 65 65-74 75-84 85 or older Married Divorced Widowed Single % with savings 92% 95% 81% 87% 94% 91% 79% Median among those with savings $75,200 $99,750 $18,800 $20,750 $37,600 $99,100 $87,300 $50,000 $90,100 $60,200 $68,800 $33,600 NOTE: Total household savings for couples is split equally between husbands and wives to estimate savings for married beneficiaries. SOURCE: Urban Institute / Kaiser Family Foundation analysis, 2013.

50th percentile (Median) Growth in per capita savings is projected to be concentrated among beneficiaries with more savings Per Capita Total Savings, among all beneficiaries (in 2013 dollars) 95th percentile 90th percentile 75th percentile 50th percentile (Median) 2013 2015 2020 2025 2030 Year NOTE: All savings are adjusted to 2013 dollars. SOURCE: Urban Institute / Kaiser Family Foundation analysis, 2013.

1% had home equity above $799,850 5% had home equity above $398,500 Half of all Medicare beneficiaries had home equity below $66,700 per person in 2013 1% had home equity above $799,850 5% had home equity above $398,500 50% had home equity below $66,700 25% had home equity below $12,250 21% had $0 in home equity SOURCE: Urban Institute / Kaiser Family Foundation analysis of DYNASIM data 2013.

Median per capita home equity among Medicare beneficiaries varies by beneficiary characteristics in 2013 Median per capita home equity among all beneficiaries Race/ethnicity Age Marital Status Total White Black Hispanic Under 65 65-74 75-84 85 or older Married Divorced Widowed Single % with home equity 79% 83% 65% 60% 63% 81% 88% 61% 82% 36% Median among homeowners $97,650 $106,100 $52,600 $60,450 $45,900 $106,850 $106,200 $104,450 $80,700 $105,750 $140,050 $92,550 NOTE: Total household home equity for couples is split equally between spouses to estimate home equity for married beneficiaries. SOURCE: Urban Institute / Kaiser Family Foundation analysis, 2013.

50th percentile (Median) Growth in per capita home equity is projected to be concentrated among beneficiaries with more in home equity Per Capita Home Equity, among all beneficiaries (in 2013 dollars) 95th percentile 90th percentile 75th percentile 50th percentile (Median) 2013 2015 2020 2025 2030 Year NOTE: All home equity amounts are adjusted to 2013 dollars. SOURCE: Urban Institute / Kaiser Family Foundation analysis, 2013.