Study: funding won’t keep up as Utah ages

October 26, 2015 (The Spectrum)

Instead of heading into nursing homes or other residential facilities, seniors prefer staying at home as they age, and research indicates the rest of society should want the same thing — it saves taxpayers the huge expense of assisted living.

But as Utah’s population grows older and more baby boomers move into retirement, the state is facing a massive challenge in offering the types of services seniors need to stay homebound, according to research released Monday by the nonpartisan, nonprofit group Utah Foundation.

The number of Utahns above age 60 is expected to nearly double over the next 15 years, growing at a clip much faster than the general population. By 2030, nearly one in every five Utahns will be at least 60.

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