“Family Caregivers Need Help. These Are the Policies They Say Would Make the Biggest Difference,” by Christy Bieber, Kiplinger
“Debt is not uncommon among older adults, with many reporting that it is holding them back or causing them to delay retirement, according to a recent survey. … In a survey of 2,000 Gen Xers and baby boomers, born between 1946 and 1980, conducted by Talker Research on behalf of National Debt Relief, the number of people reporting debt was significant. More than half of the respondents said they are overwhelmed by outstanding financial obligations and may never be able to pay off amounts owed.
The survey was conducted online Feb. 19 to Feb. 26. The minimum age of respondents was 55.”
LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:
Articles like this one never ask “how did we get into this mess?” So they never find answers and end up with nothing more to say than we need more government money and regulation. To make sense of what ails LTC, read the Paragon Health Institute’s “Long-Term Care: The Problem” and “Long-Term Care: The Solution” and watch this “virtual LTC event” featuring age wave visionary Ken Dychtwald and leading LTC researchers. To find ample private funds for LTC, check out Medicaid’s $100+ Billion Leak.