A Message from Consumer Action

Consumer Action's MoneyWi$e educational materials have moved to our Managing Money Project website. Here you may view, download and order bulk copies of the MoneyWi$e materials. Please make a note of the Managing Money Project address— www.managing-money.org —and add it to your address book.

Many Americans will need long-term care but won’t be able to afford it

Source: Paula Span, N.Y.Times (Paid Registration)

Depending on how one defines the need, half to two-thirds of older Americans will eventually require long-term care.  

Even among middle-income seniors with housing equity, more than half will be unable to pay assisted living fees and medical costs in 2029, the study found. (Independent living, while cheaper, provides some services but no hands-on care.)

Read Full Article: Many Americans will need long-term care but won’t be able to afford it

 
 
 

Quick Menu

Support Consumer Action

Support Consumer

Join Our Email List

Optional Member Code
Facebook FTwitter T

MoneyWise Modules

Managing Money Topics

Help Desk

Advocacy