Tag: aging
The brief’s key findings are: Many retirees are concerned about the risk of requiring substantial long-term care as they age, but the likelihood is unclear. This analysis, using two decades of data from the Health and Retirement Study, classifies the severity of care needs, accounting for both intensity and duration. The results suggest about one-fift…
Every year, older homeowners leave billions of dollars worth of the wealth locked up in their houses to their adult children. This is a paradox if one considers that home equity is one of retirees’ primary assets and could be a crucial source of income for people who are “house rich and income poor.” Retirement…
