Funding later life care is a major stress for most over-60s
Fewer than half of older people in Ireland have a plan for their care in later life, according to a new research, with 53% stating that they consider funding later life care to be a major stress.
The Spry Finance annual survey of homeowners aged over 60 found that 55% have no plan for care in later life, while 38% have a broad plan but nothing in writing. Of those who have a plan, 54% have had no discussions with family about their plans.
The research was carried out on behalf of Spry by leading independent market research company Behaviour & Attitudesi.