“Retirees, Adult Children Disagree on Retirement Community Essentials,” by Marlene Satter, ThinkAdvisor

“Factors important to the seniors, who were 75 and older, weren’t always high on the priority list for their kids, and vice versa. Cost was a primary factor, with 61% citing it; then came security/safety (51%) and access to health care (46%). But cost was more important to seniors, at 64%, than to their children, at 58%; security and safety was less important, at 44%, compared with the kids at 57%; and the kids were far more concerned about access to health care, at 56%, than their parents, at 35%. In addition, having businesses nearby was much more important to seniors (46%) than to their kids (38%), and seniors also wanted a good location and climate while their offspring were more concerned with onsite dining, online reviews, and wellness programs and amenities.”

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

Whatever seniors or their adult children prefer in a long-term care setting, the one thing all have in common is that real choice depends on the ability to pay. Medicaid for example reduces cost, but usually means nursing home care, seniors’ least favorite option.

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