Can our homes pay for the care we need in older age? Asset wealth and an ageing population
This report from the National Housing Federation finds that more than one in five homeowners aged 55 or over – the equivalent of around 3 million people – have not considered how they will pay for potential care costs in later life, assuming that the value of their homes will cover the cost. It calls for affordable homes designed for older people with integrated care services to be built.
Source: The King’s Fund, Health Management and Policy Alert, April 14, 2015