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Why Millennials Should Care About Medicare Right Now

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Medicare provides basic health care to one out of six Americans, most of them 65 and older. Even people decades away from retirement, though, should be concerned about Congress meddling with the program.

Lawmakers understand that cutting current retirees’ benefits is a political nonstarter. Older people vote, and they have one of the most powerful lobbyists, AARP, advocating on their behalf.

Younger people? Not so much. Politicians will be tempted to foist the biggest cuts on people farther away from retirement (who are presumably paying less attention).

Millennials — born between 1982 and 2000 — are now the largest generation, representing one-quarter of the U.S. population, according to the Census Bureau. Deep cuts to their future...

Continue reading on www.nerdwallet.com

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