Baby boomers may have no one to care for them in old age
Baby boomers may have no one to care for them in their old age.
Shifting demographics mean that aging boomers will have fewer friends and family members to take care of them as they get into their 80s, according to a new study by AARP.
In other words, even though you may be supporting your own elderly parents, the chances of someone being there for you are numerically diminished.
The ratio of potential caregivers to boomers needing care will sink from 7.2 to 1 in 2010 to 2.9 to 1 by 2050, according to the study. In just 13 years, as the baby boomers age into their 80s, the decline in the caregiver support ratio will shift from a slow decline to a free-fall, according to the study.
https://www.sandiegouniontribune.com/caregiver/news-for-caregivers/story/2019-04-12/baby-boomers-may-have-no-one-to-care-for-them-in-old-age
This is an impending national socioeconomic problem.
CousinIT
(9,256 posts)Submariner
(12,506 posts)MasterCard and VISA will strip the brass from your coffin if they can get a last dime from you as you settle in for your dirt nap.
CousinIT
(9,256 posts)...that's a given.
IADEMO2004
(5,557 posts)enough
(13,262 posts)blueinredohio
(6,797 posts)get the red out
(13,468 posts)People deserve choices.
stuffmatters
(2,574 posts)Anti choice from birth to death.
appalachiablue
(41,168 posts)It's certainly coming sunset for many Boomers, and well before the year 2050 noted as peak in the article.
It was a very good run for a generation...
stuffmatters
(2,574 posts)n.b. They are currently buying up regular hospitals at full gallop, getting all set up to medically torture Boomers.
appalachiablue
(41,168 posts)w/o children or resources, and will continue to crisis levels.
raccoon
(31,118 posts)appalachiablue
(41,168 posts)unless you prefer.