News Topic: Long-Term Care Costs
TrumpCare Won’t Help: As America Ages, Long-Term Care Costs Could Overwhelm Families
Mortgage and Finance News: (KIRKLAND, Wash.) The number of Americans age 65 and older is on track to double -- from 46 million now to over 98 million in 2060, when today's 20-somethings will be turning 65. At that time the 65-plus age group's share of the population will have jumped to 24-percent from 15-percent today. "Think of it," says Denise Gott, CEO of ACSIA Partners, "one in four of us will be in the older group, at high risk of needing long-term care."