Boomer women are much more likely to talk to their parents about the parents’ future living arrangements than they are to work with the parents to make concrete plans.
Researchers at AARP, Washington, say 70% of the 629 boomer women they surveyed have started talking to their parents about the parents’ future living arrangements, but only 40% of the survey participants said they or their parents had begun to plan future living arrangements.
Only about 1% of people ages 50 and older say they want to live in a nursing home if they need extra help, but, in response to another AARP survey, about 20% of boomer women have said that a nursing home is an acceptable housing option for an aging parent, AARP researchers report.
About 68% of the boomer women who participated in the new study said they think their parents are financially prepared to pay for their future living arrangements.
The answers may be a sign that the boomer women have unrealistic ideas about the cost of long term care, the AARP researchers say.