Baby boomers may have no one to care for them in old age [View all]
Baby boomers may have no one to care for them in their old age.
Shifting demographics mean that aging boomers will have fewer friends and family members to take care of them as they get into their 80s, according to a new study by AARP.
In other words, even though you may be supporting your own elderly parents, the chances of someone being there for you are numerically diminished.
The ratio of potential caregivers to boomers needing care will sink from 7.2 to 1 in 2010 to 2.9 to 1 by 2050, according to the study. In just 13 years, as the baby boomers age into their 80s, the decline in the caregiver support ratio will shift from a slow decline to a free-fall, according to the study.
https://www.sandiegouniontribune.com/caregiver/news-for-caregivers/story/2019-04-12/baby-boomers-may-have-no-one-to-care-for-them-in-old-age
Cross-posted from the Editorials forum.
