As many as 80% of the 60-and-older population are unable to afford either long-term care or basic necessities like food, reflecting the serious financial challenges faced by older Americans despite their overwhelming preferences for aging in place.

This is according to reporting by Phoenix-based National Public Radio (NPR) affiliate KJZZ, based on data from the National Council on Aging (NCOA) and researchers at the University of Massachusetts at Boston.

The analysis from the NCOA is titled “Increases in Older Americans’ Income and Household Assets Still Cannot Support Most details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com