Re:Finnish basic income pilot improved wellbeing, study finds
by jacobr1 on Thursday May 07, 2020 @04:20PM
(#23107778)
But also have interesting factors of health concerns (more likely to need nursing care, or need a home without stairs) and on the other side, many are more likely to have large savings. There are other factors like some wanting to live near children/grandchildren who are more likely to live in a high-cost area due to jobs. I'm not sure if all the balances out, but those on social security have plenty of different concerns than working-age folks.
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Re:Finnish basic income pilot improved wellbeing, study finds
by toomuchtodo on Thursday May 07, 2020 @04:30PM
(#23107918)
> But also have interesting factors of health concerns (more likely to need nursing care, or need a home without stairs) and on the other side, many are more likely to have large savings.
US statistics:
https://www.washingtonpost.com/business/2020/05/04/baby-boom... (Millions of baby boomers are getting caught in the country’s broken retirement system)
https://www.cnbc.com/2019/04/05/these-people-are-on-the-verg... (48 percent of American households over the age of 55 still have no retirement savings)
https://www.cbpp.org/research/social-security/social-securit... (Although most of those whom Social Security keeps out of poverty are elderly [14.8 million], 6.9 million are under age 65, including 1.2 million children)
For our purposes, it's important that you scope to only those who are collecting only Social Security, and have no other retirement savings to closely model your average citizen collecting a potential UBI.