Tag: long-term care
In the 19th and early 20th centuries, it was not unusual for older Americans to live with their adult children and grandchildren. But more seniors could afford to live on their own after passage of Social Security and then Medicare. By the 1990s, fewer than 10 percent of people over age 65 lived with relatives,…
The brief’s key findings are: As people age and their health deteriorates, they begin to need more help with daily activities. While many formal long-term care services are available, cost concerns and personal preferences lead many to rely on informal care from adult children. At any given point, 6 percent of adult children serve as…
