August 31, 2022
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Middle-income older adults may not be able to pay for long-term care

New findings from NORC at the University of Chicago indicate that more than 11 million middle-income older adults – coined the “forgotten middle” – may have insufficient resources to pay for long-term care and housing by 2033. According to the research, the numbers of middle-income older adults will almost double over the next decade, and the population will be more racially and ethnically diverse. Read the press release.