The Vice President’s Chief Economist Ben Harris said Monday Obamacare has improved retirement security by bringing health care inflation down to its lowest rate in 50 years.

Speaking to a White House Conference on Aging regional seminar, he disputed the notion retirement insecurity is a universal problem in the nation. “Americans are not awful savers. It’s a matter of getting those who have not saved enough up to speed,” said the Biden aide.

He acknowledged how to prepare financially for retirement is difficult. “I have a Ph.D. in economics and I still struggle,” said Harris.

Although financial professionals are being asked to take more active roles in spotting and reporting elder abuse, there are limitations on what they can do, Wells Fargo Advisors Elder Clients Initiatives Director Ron Long told attendees. “We’re not quite social workers yet,” said Long.