Are Baby Boomers Who Care for Their Older Parents Planning for Their Own Future Long-Term Care Needs?

Abstract

A rapidly expanding number of baby boomers provide care to aging parents. This study examines associations between caregiver status and outcomes related to awareness and anticipation of future long-term care (LTC) needs using 2007 Connecticut Long-Term Care Needs Assessment survey data. Baby boomers who were adult child caregivers (n = 353) vs. baby boomers who were not (n = 1242) were more likely to anticipate some future LTC needs and to have considered certain financing strategies. Although baby boomer adult child caregivers more readily anticipate some future LTC needs, they are not taking specific actions. It is important to address the need for public education directed towards those who are currently (or have recently completed) caring for aging parents.

Long‐term care planning and preferences among Japanese American baby boomers: Comparison with non‐Japanese Americans

“…In the past decade, researchers have begun examining LTC needs and planning among baby boomers. A number of studies found that both current older adults and baby boomers have a strong preference for staying in their own homes . Researchers have also found that boomers were also no different from the older adults when it came to their degree of financial planning to pay for LTC and their expectations for requiring LTC services in the future .…”

“…Third, personal experience with LTC, both receiving or providing such care, might activate a planning mindset. As existing literature pointed out, the absence of urgency might postpone any proactive LTC planning . Finally, individuals need to engage in advance financial planning in order to be able to receive adequate or preferred LTC services.…”

“…As existing literature pointed out, the absence of urgency might postpone any proactive LTC planning. 3,7,9 Finally, individuals need to engage in advance financial planning in order to be able to receive adequate or preferred LTC services.…”

“…A number of studies found that both current older adults and baby boomers have a strong preference for staying in their own homes. [3][4][5] Researchers have also found that boomers were also no different from the older adults…”

Microwave and magnetic (M2) proteomics of a mouse model of mild traumatic brain injury

“…The CDC has recently reported that nearly one third (30.5%) of deaths associated with injury include a diagnosis of TBI and there are an estimated 5.3 million U.S. residents living with TBI-related disabilities [1]. Economic costs resulting from TBI were estimated at $76.5 billion for 2010, including $11.5 billion for direct medical costs and $64.8 billion for indirect costs (e.g., lost wages, lost productivity, and nonmedical expenditures) [2, 3]. TBI has been described as the “signature” injury of veterans from the conflicts in Iraq and Afghanistan, where repetitive and multiple combat injures are common [4].…”