When presidents call Americans together to talk about aging, major change is possible. The first White House Conference on Aging in 1961 played a midwife’s role in the birth of Medicare; the 1971 conference led to creation of the automatic cost-of-living adjustment for Social Security, which has been in place since 1975.
This year’s conference, set for Monday, July 13, could have similar impact in a country facing the challenges of a rapidly aging population.
Unfortunately, I’m not optimistic that this year’s summit will be as productive as past ones have been. While I’d love to be proven wrong, the agenda overlooks too many important issues: rapid diversification of our older population, retirement inequality and assigning a bigger role to Social Security, and finding a way to protect pensions and Medicare.