What resources do retirees have for long-term services & supports?

Belbase, Anek, Anqi Chen, and Alicia Haydock Munnell. “What resources do retirees have for long-term services & supports?”. Issue in Brief 21-16, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, September 2021. http://hdl.handle.net/2345/bc-ir:109306.
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Abstract

The brief's key findings are: (1) A growing concern is whether retirees will be able to meet future needs for long-term care without exhausting their resources. (2) The analysis estimates how much support retirees could get from their family and financial resources and compares this amount to different levels of care needs. (3) The results show that about one-third of retirees do not have the resources to afford even minimal care and only about one-fifth could cover severe needs. (4) Not surprisingly, those who are married, better educated, and white have more resources for long-term care. (5) To identify which people may have unmet needs, a subsequent brief will address whether those who will need care are the same ones who have the resources

Title
What resources do retirees have for long-term services & supports?
Author
Belbase, Anek
Chen, Anqi
Munnell, Alicia Haydock
School
Carroll School of Management
Discipline
Finance
Center
Center for Retirement Research
Genre
report
Date Issued
September 2021
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
21-16
Persistent Link
http://hdl.handle.net/2345/bc-ir:109306
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Health/Long-Term Care

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