Veterans at the Greenridge Place Memory Care Community on November 10, 2017. Photo: RJ Sangosti/The Denver Post via Getty Images

A recent Health Affairs analysis found that most middle-income seniors aged 75 to 84 will not be able to afford long-term care including senior housing or assisted living in the next decade.

The big picture: The authors project that there will be 14.4 million middle-income seniors in America by 2029. Roughly 60% of those seniors "will have mobility limitations" and 20% "will have high health care and functional needs." However, 54% of those seniors will not have the financial resources to pay for senior housing — and the often necessary care provided there.

Details: The authors identify middle-income seniors as those in the 41st to the 80th percentile of the individual financial resource distribution of 2014 seniors. The authors also state that this diverse group of seniors will become more educated in the next decade, which should result in lower poverty levels.

Go deeper: More than half of federal spending will soon be dedicated to seniors

Go deeper

Ben Geman, author of Generate
51 mins ago - Energy & Environment

Tallying Trump's climate changes

Reproduced from Rhodium Climate Service; Chart: Axios Visuals

The Trump administration's scuttling or weakening of key Obama-era climate policies could together add 1.8 gigatons of carbon dioxide equivalent to the atmosphere by 2035, a Rhodium Group analysis concludes.

Why it matters: The 1.8 gigatons is "more than the combined energy emissions of Germany, Britain and Canada in one year," per the New York Times, which first reported on the study.

Boeing's one-two punch

Illustration: Aïda Amer/Axios

The grounding of Boeing’s 737 MAX was the worst crisis in the plane-maker’s century-long history. At least until the global pandemic hit.

Why it matters: Wall Street expects it will be cleared to fly again before year-end. Orders for what was once the company’s biggest moneymaker were expected to rebound after the ungrounding, but now the unprecedented slump in travel will dash airlines’ appetite for the MAX and any other new planes, analysts say — putting more pressure on the hard-hit company.

New downloads of TikTok, WeChat to be blocked in U.S. on Sunday

Illustration: Sarah Grillo/Axios

The Commerce Department issued Friday an order blocking new downloads of WeChat and TikTok in the U.S. as of Sept. 20.

The state of play: President Trump has been in a standoff with TikTok, threatening to ban the app if its Chinese owner, ByteDance, does not relinquish control to a U.S. company. A deal is in the works with the American tech company Oracle, but would need to go through before Sunday to prevent TikTok from being ousted from app stores.