Can We Tolerate Millions of Elderly People Living in Cars?
November 20, 2019 by Allison Bell
Dr. Joanne Lynn last week warned members of Congress that enormous misery is coming, in about 10 years, if the country fails to improve support programs for the elderly.
Lynn, a geriatrician, is the head of the long-term services and supports (LTSS) team at Altarum, an Ann Arbor, Michigan-based health policy research center. She’s the equivalent of a retirement income and long-term care insurance product (LTC) designer for the nonprofit sector.
She testified at a full House Ways & Means Committee hearing on caring for aging Americans that the country has a huge number of people who will arrive at old age with inadequate finances, and who eventually will live with serious disabilities.
“Without changes,” Lynn said, “within a decade, most people who live their working years in the middle class will be unable to afford housing in retirement.”