Most seniors in America can’t afford nursing homes or assisted living, study finds
As many as 80% of aging adults in America lack the financial resources to pay for two years of nursing home care or four years of an assisted living community.
That's according to a new study from the National Council on Aging (NCOA) and the LeadingAge LTSS Center at the University of Massachusetts Boston.
Additionally, 60% of older adults — or 24 million households — would not have the funds to pay for in-home long-term care, despite the fact that they would prefer to "age in place," per a report from NCOA. more Telethink Health helps seniors age in place more affordably
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