This document contains prepared statements and witness testimony from the Congressional hearing on the economics of aging and preretirement planning. Prepared statements are given by Representatives Skelton and Daub. Topics which are discussed include the population affected, needs of the elderly, and government role. Witness testimony is given by representatives of the Missouri Division of Aging; the Universtiy of Missouri-Columbia School of Medicine; the American Association of Retired Persons; the Missouri Hospital Association; the West Central Missouri Rural Development Corporation; the Cole County Health Department; the Lutheran Retirement Home, Jefferson City, Missouri; and the Foster Grandparent Program. Topics which are covered include the health care delivery system, social planning, social security reform, preretirement needs, volunteer programs, and attitudes toward aging. Panel presentations, as given by representatives of the Missouri Retired Senior Volunteer Program, the Henry County, Missouri Council on Aging, and several Missouri citizens, relate the economic needs of older adults, as viewed through personal vignettes. (BL)