Financial Security in Later Life

 

     
 

residence among persons by age group. It is important to note that rates of nursing home use increase significantly with age.

  1985 1995 1997
Total      
65 or Older 54.0 45.9 45.3
65 to 74 12.5 10.1 10.8
75 to 84 57.7 45.9 45.5
85 or Older 220.3 198.6 192.0

Source: Federal Agency Forum on Aging-Related Statistics. Older Americans 2000: Key Indicators of Well-Being. Federal Interagency Forum on Aging-Related Statistics, Washington, DC: U.S. Government Printing Office. August 200.

  • FACT: The average lifetime nursing home use per person is approximately one year. Statistics on length of stay and nursing home use should be interpreted with caution; however, because the true patterns of nursing home use are dynamic and difficult for researchers to measure.

Myth: Individuals over the age of 65 face the same risk of needing long term care based on their age.

  • FACT: There are dramatic differences in the need for long term care between those 65 and 85 years of age. Individuals 85 and older need more help with activities of daily living and as a result experience increased rates of home care and nursing home care (Stone, 2000).

 

 

Department of
Family Social Science

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