“America Is Running Out of Family Caregivers, Just When It Needs Them Most”

America Is Running Out of Family Caregivers, Just When It Needs Them Most,” by Clare Ansberry, Wall Street Journal

“For generations, the nation has relied on family members to keep aging loved ones in their homes. Today, many Americans are growing older without family nearby, offering a glimpse of what the future may hold for the cohort of Americans who are approaching retirement. The caregiving crunch comes at a time when Americans reaching retirement age are in a squeeze unseen in generations. Their median incomes, including Social Security and retirement fund receipts, haven’t risen in years. They have high average debt, some incurred from taking care of their own aging parents. And if they’re counting on family to care for them, too, they may well find their families too small and far-flung to meet the task.”

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

Long article on a growing problem appeared in the July 21, 2018, print edition as ‘U.S. Is Running Out of Caregivers.’ Bottom line: more elders will need and qualify for LTC public assistance even without Medicaid planning sending publicly financed LTC spiraling downward even faster.

America Is Running Out of Family Caregivers, Just When It Needs Them Most

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#goldencareagent