SENIOR INDEXPosted: September 18, 2013
We need a “SENIOR INDEX” indexing people over 65. There is a consumer price index for seniors and a S&P 500 stock index. Why not a single number published daily that would show how old people are doing?
How to index old people? An age index, so every morning I could track the number of people over 65. (This might be scary.) A death index charting those over 65 dying? An obesity index for fat elders? Certainly a senior financial index charting net-worth, savings, income, and expenses of seniors. I would like to know each morning how seniors were doing. It would be the first thing I read in the paper. It could appear on CNN right after the stock market indexes.
The index should be simple; limited to factors affecting people over 65; and have a base year. I like 2005 which was the year I turned 65. A search engine coud track the variables daily, apply a senior algorithm and come up with a number. I would know how I was doing adjust my life accordingly and call my doctor/funeral director, if necessary; much as I do today when I see the S & P 500 index going up or down.
Tongue-in-cheek components of the SENIOR INDEX:
- Net worth
- Number with dementia
- Number with driver’s licenses
- Number of drugs taken
- Number of grandchildren
- Life expectancy
- Marital status
- Size of house
The components could be weighted depending on their importance to old people. I am looking for a number like the stock market indexes. I want something new to obsess over. It would have exaggerated importance; and, would probably be meaningless. Someone would figure out a way to commercialize it; and then sell us something based on the change in the index.
A snapshot of people over 65 would provide guidance when those under 65 decided what to do about us. If the index went up/down laws could be passed raising/lowering social security, medicare and Medicaid. The possibilities are limitless.
I can’t wait for the SENIOR INDEX! What about you?