Plan now for future of long-term care

POSTED: 01:30 a.m. HST, Feb 05, 2013

~~<p>The basic problem is obvious and will become more so with each passing year: More and more people will find themselves in need of physical help toward the end of their lives without having a way to pay for it. The aging of the baby-boom generation — the so-called "silver wave" of retirement and elder-care needs — has been anticipated for years.</p>
<p>Now, confirming the dire predictions of many, a survey of 800 isle residents released this week by AARP Hawaii shows that almost two-thirds of those age 50 and up doubt they'll be able to afford a single year of nursing-home care when they need it.</p>
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The basic problem is obvious and will become more so with each passing year: More and more people will find themselves in need of physical help toward the end of their lives without having a way to pay for it. The aging of the baby-boom generation — the so-called "silver wave" of retirement and elder-care needs — has been anticipated for years.

Now, confirming the dire predictions of many, a survey of 800 isle residents released this week by AARP Hawaii shows that almost two-thirds of those age 50 and up doubt they'll be able to afford a single year of nursing-home care when they need it. Login for more...