August 31, 2022← Back to all buzz
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.