“I28% of affluent 50+ adults expect to live in assisted living, survey finds”

28% of affluent 50+ adults expect to live in assisted living, survey finds,” by Lois A. Bowers, McKnight’s Senior Living

“Twenty-eight percent of affluent adults aged 50 or more years participating in a recent survey said they believe they are likely to receive long-term care at an assisted living community when they need it, although only 15% identified assisted living as their preferred location. … Respondents ranked assisted living higher than family members’ homes, adult day care and nursing homes as far as where they would prefer to receive care and where they believe they are likely to receive care. Only their own homes ranked higher than assisted living. The availability of professional care was the most popular reason cited by poll participants for choosing an assisted living community, with 58% of respondents citing it. … When talking about a parent or elderly family member, 42% of respondents said they would prefer that their loved ones have funding to pay for a quality assisted living community or nursing home.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

More people anticipate the need for paid professional care than the need to pay for it.

#goldencareagent
#assisted