Questions and All Correct Answers
2025-2026 Updated.
Discuss the key points from the AARP "Re-defining Aging" video. - Answer That the
millennials view of old age and aging before they met the older adults took a complete turn
once they were able to meet them and get to know a little about them and what the older
adults were capable of doing. That millennials now understand that there is not a set age of
what is considered old and people who they used to consider old are able to do things that even
some of the millennial’s couldn’t do.
Controversies around Social Security include which of the following questions? - Answer if
social security payments should be means tested
whether or not older adults deserve to receive government subsidies
True or False
The Masterpiece Living model has a core philosophy that older people can continue to learn and
grow. - Answer True
The age of eligibility for full Social Security benefits was ______, but between 2002 and 2007
rose to ______. - Answer 65,67
Which of the following factors contribute to the long-term deficit in Social Security, according to
Diamond and Orszag? - Answer improvements in longevity
increased earnings inequality
the generosity of benefits to early beneficiaries
True or False
Social Security was never intended to be the sole source of income for people in retirement. -
Answer True
, "Productive aging," as defined by Caro, Bass, and Chen, includes which of the following
activities? - Answer paid employment
volunteering
visiting with family and friends
Characteristics of the Baby Boomer Generation include __________________ - Answer they
make up about 1/4 of the U.S population
they attained higher levels of education than earlier generations
their growing up years were at time of postwar affluence and economic prosperity
Which of the following will shape the impact of aging on the baby boomer cohort? - Answer
chronological aging effects
period effects from the past
Sources of diversity, such as ethnicity, class, and gender
In reading #47 "Boomsday", what does the "perfect economic storm" refer to? - Answer
seventy-seven million people retiring during a time of economic crisis
True or False
According to Moody and Sasser, 10,000 baby boomers will turn 70 each day. - Answer True
The market sectors that are projected to grow faster are referred to as the "silver industries."
They include: - Answer financial services, health care, travel and hospitality, retirement
housing
True or False
According to a Gallup survey, nearly half of Americans lack confidence that social security will be