Our parents are getting older and staying in the house longer.

No one wants to think they will need long-term care. We don’t want to plan for it, even though millions of us are, or will suffer from multiple chronic illnesses. To add to the problem, we are living longer and need to learn to cope with fragmented families, increasing care costs, and the worrisome ineffability of care crisis for ourselves or someone we care about.

  • There are 46.2 million people age 65 and over in the US.  
  • 55% of women in this demographic are widowed, divorced or living alone
  • 30% of men.  

unsatThe majority of caregivers are female (60%), but 40 percent are male. Eight in 10 are taking care of one person (82%). They are 49 years of age, on average. A large majority of caregivers provide care for a relative (85%), with 49 percent caring for a parent or parent-in-law.  But families are getting smaller (i.e. Baby Boomers vs Millennials) thus care will extend further outside the immediate family with technology dependencies to augment care.

“Approximately 34.2 million Americans have provided unpaid care to an adult age 50 or older in the prior 12 months.” – AARP Research Report June 2015

 

 

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46.2 million+ people age 65 and over in the US, an increase
10 million or 28% since 2004 …
Est. 82.3 million by 2040

Families are getting smaller
Baby Boomers, Gen-Xs & Millennials thus care will extend further outside the immediate family with technology expectations.

61.6 million caregivers in US caring for elderly parents, and spouses and children with disabilities and/or chronic illnesses.

 

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