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Not only is there an issue with how financially well-prepared thousands of boomers are for retirement, but can the health care industry handle the load? (Photo: AP)

Not only are boomers retiring in ever-growing numbers, a report from CNBC says that the tide of 10,000 boomers retiring each day will more than double Medicare and Medicaid costs by 2020.

And then there’s the question of whether the health care industry will be able to keep up with such a flood of retirees—numbers courtesy of Pew Research and the Social Security Administration—or whether those retirees will be able to keep up with the cost of their healthcare, Medicare and Medicaid notwithstanding.

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