According to the Center for Retirement Research at Boston College, using data from the federal Health and Retirement Study (HRS):
- 17% of 65-year-olds will need no long-term care;
- 22% will have minimal needs;
- 38% can expect moderate needs;
- 23% will develop severe needs, requiring many hours of help for more than three years; and
- 36% of people in their late 60s could not cover a year of minimal care without exhausting their resources; only 22% could cover severe needs.
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