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Topic- Economics of aging
Wherever you call home, costs of supportive services keep rising
The annual Genworth Cost of Care Survey finds that whether an individual receives supportive care in their own home or in a assisted living or nursing facility, money is needed.
SURVEY: In the United States, more than 43,300 providers of home care and institutional care were contacted for the survey; 14,800 complete survey were included.
Economics of aging
Saving in retirement accounts leads to financial confidence
The Retirement Confidence Survey tracks the perceptions of 1,000 workers 25 years and older in the United States. Compared to perceptions in 2013, the proportion of people who are very confident in having enough money for a comfortable retirement increased to 18% (an increase of five percentage points) and 37% are somewhat confident of sufficient funds. Not surprisingly, confidence is most prevalent among people with high household incomes. However, confidence also was expressed by people who contributed to a retirement savings plan.
moreEconomics of aging
Older adults have trillions to spend, and companies aren't ready
The global population is aging, and along with them comes spending power. By the end of this decade, global spending by older adults could reach US $15 trillion, according to a source quoted in a new report by Nielsen. Yet, older adults responding to an online survey said they can’t always find the products they are interested in, packaged in a way that’s helpful.
moreEconomics of aging
Trends in construction indicate billions to be spent for senior housing
The need for seniors housing, and the trend toward housing innovations, were projected to account for US $127 billion in construction by 2023 in the G20 nations, according to a market research firm. (The G20 represent the world’s largest economies.)
moreEconomics of aging
In middle age, costs of physical inactivity start climbing
The risks of ill health associated with sedentary time and physical inactivity have been documented by many research studies and reported in ICAA Research Review. A research team wanted to discover the cost of sedentary time, so they turned to the data in the Australian Longitudinal Study on Women's Health, which is following over 40,000 women across the adult life span who report on their health behaviors, time use, physical and emotional health, and use of healthcare services.
moreEconomics of aging
12 Months and out for older job seekers
The employment history and job search behavior of 4,702 people ages 55-70 who left a job at some point during a four-year period were tracked in the Survey of Income and Program Participation (1996-2008).
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