Poll: Older Adults Concerned About Long-Term Care Costs
About two-thirds of baby boomers said they would be somewhat or very likely to encounter difficulty paying for long-term care if they or a spouse required it, according to a recent poll conducted by NPR, the Robert Wood Johnson Foundation and the Harvard School of Public Health. The poll also found that many pre-retirees older than age 50 are taking steps to ensure that they are in good health when they stop working. However, some experts warn that baby boomers might be underestimating the financial and health issues theyÂ could face in retirement.
- "Boomers' 'Delusion' About Health in Retirement" (Rovner, "Morning Edition," NPR, 9/28).