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Wednesday, April 24, 2024

Areas Identified to Help Individuals and Communities Prepare for Successful Aging

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Each day, 10,000 Americans celebrate their 65th birthday - and by 2030,
almost 1 in 5 Americans will be at least 65 years old. Is the United States
ready to care for the growing number of seniors? Is Indianapolis ready?

According to 2013 United States of Aging Survey, conducted by the National

Council on Aging (NCOA), United Healthcare and USA TODAY, released today,

Indianapolis seniors have a positive outlook on their future and the aging

process. However, 1 in 3 Indianapolis seniors polled say the community can

do more to prepare for a booming senior population.

Based on survey results, Indianapolis seniors would like to see investments

in better public transportation (29 percent) and more affordable health care

services and housing (23 percent respectively). Nationally, adults ages

18-59 are even less likely to believe their community is doing enough to

prepare for their needs as they grow older (41 percent).

"In previous surveys we've done locally, nearly half of seniors said they

are concerned about being able to stay in their homes and communities

because of finances and the costs of care," Orion Bell, president and CEO of

CICOA Aging & In-Home Solutions, said. "As more people age, our community

needs to work together to encourage more saving and investments so seniors

can maintain their standard of living without sacrificing the quality of

their lives."

How prepared are seniors themselves?

While 81 percent of Indianapolis seniors have done some preparation for

their senior years and most are not worried about their health or financial

security, area seniors also are more likely to have chronic health

conditions and depend on Social Security compared with their peers

nationally.

Health Preparedness

Eighty-three percent of Indianapolis seniors say their health in the past

year has been normal or better than normal. However, 3 out of 4 Indianapolis

seniors report having at least two or more chronic health conditions, such

as high blood pressure, arthritis and high cholesterol, and 22 percent

report five or more conditions. More than half (57 percent) of Indianapolis

seniors have not set any specific goals to manage their health as they grow

older.

Financial Security


While only 13 percent of Indianapolis seniors are very concerned about

whether their savings and income will be sufficient to last the rest of

their lives, nearly half (49 percent) rely on Social Security as their

primary source of income. Only 24 percent indicated savings and investments

as their primary source of income. What's more, one in 10 residents surveyed

said they have had to reduce spending in the past year to pay a regular

bill.

Staying Active

Seniors say staying connected to friends and family is the most important

aspect to staying active and having a high quality of life in their senior

years. Indianapolis seniors also cited staying mentally active (33 percent),

having a spiritual/religious connection (29 percent) and staying physically

active (23 percent) as important aspects of a quality lifestyle.

The second-annual United States of Aging Survey results were based on 4000

telephone interviews, including nationally representative samples of

Americans ages 60 and older and adults aged 18 to 59. To explore different

perspectives on aging readiness, the survey also oversampled audiences in

five designated markets including Indianapolis.


Orion Bell, president and CEO of CICOA Aging & In-Home Solutions, is one of

four panelists who will join Dr. Nancy Snyderman, Chief Medical Officer for

NBC News, at The United States of Aging Town Hall. The panel will discuss

local and national challenges and opportunities of our rapidly growing

senior population. The event will be live-streamed today from 4 to 5:30 p.m.

at http://www.USofAging.USATODAY.com <<a href="http://www.usofaging.usatoday.com/" target="_blank">http://www.USofAging.USATODAY.com> .

Join in the conversation on Twitter at #USofAging.

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