Secure Retirement

Faculty Research


CHEFS Projects

The Risk of Investing in Long-Term Care and Long-Term Care Insurance – Americans are living longer and our population is aging. In 2000, the proportion of the population aged 65 and older was just over 12%.  This number is expected to increase dramatically so that by 2030, nearly 20% of the population will be 65 or over. At the same time, American families are facing great economic insecurity and greater demands on caring for older relatives.  As these demographic, economic and family changes occur, the policies our country has in place to care for the elderly will need to be examined and updated.  Today, seniors have a range of options for receiving care and medical attention as they age including in-home care provided by an adult relative or a paid in-home caregiver; assisted living; nursing homes; and continuing-care communities. Although the policies and regulatory framework governing these options differ with each option, several themes cut across these options -- access to care, quality of care, the funding of care, the cost of care, and protection against eviction/exclusion.  Berkeley CHEFS will undertake research to examine policies related to the provision and financing of long-term care.