Agricultural Economics Department

 

Date of this Version

October 2005

Comments

Published in Cornhusker Economics, 10/05/2005. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska–Lincoln.
http://www.agecon.unl.edu/Cornhuskereconomics.html

Abstract

An Aging Population There are more than 36 million Americans over the age of 65. Projections estimate this segment of the population will double to 72 million in the next 25 years. Long-term care for America’s aging population is an important consideration in estate and business transition planning. Many have become increasingly aware how easily the cost of long-term care can wipe out a lifetime of savings or hamper the transfer of a family farm, ranch or business to future generations.

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