“More than half of middle-class retirees plan to lean on family and friends for care,” by Donna Shryer, McKnights Senior Living
Quote:
“More than half of middle-class retirees (53%) plan to rely on family and friends if their health declines and they need help with daily activities or nursing care, according to the findings in a new report from the nonprofit Transamerica Center for Retirement Studies. … The savings picture helps explain the reliance on informal care. As of late 2025, middle-class Americans not yet retired had saved a median of $64,000 in total household retirement accounts — $82,000 among men and $49,000 among women.”
LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:
Unpaid family care already accounts for the largest portion of LTC in the U.S. That dependency on loved ones is likely to increase at a time when government help from Medicaid and Medicare is expected to decline. Got LTCI?