Longevity Alert: As America Ages, Long-Term Care Costs Could Overwhelm Most Families, say ACSIA Partners
KIRKLAND, Wash., Aug. 14, 2017 (SEND2PRESS NEWSWIRE) — 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.”