Many older Americans keep working because they can. They also have strong financial incentives.
Expect nursing homes to respond by cutting staff. Some may decline to accept patients with more complex medical needs.
Costs won't rise in 2012. In fact, some recipients will see their overall drug costs decline.
Taxpayers and Social Security recipients have avoided pain -- for now -- but government employees and contractors will suffer.
Look for changes to retiree income and health care, as well as impacts to homebuying, student loans, and the best places to invest your money.
The agreement to raise the debt ceiling and cut $2.1 trillion from the budget pushes decisions on entitlements down the road. Medicare is unchanged for now, but will that stick?
A lot is still undecided, but it's pretty clear that income taxes will not rise and that Social Security will not be cut.
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Serious issues like drought and the deterioration of the developed world spell opportunity for this industry leader.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
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