RECAP

Thu

Sep 12

11:30AM-12:30PM ET

CIC Lighthouse

50 Milk St. 

Boston, MA

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The Hidden Costs of Eldercare

Boston FinTech Week

A call for innovation to help older adults who are outliving their money, which is likely to be most of us.

Featuring experts in long-term care and retirement planning from UBS Financial, Lincoln Financial, and ET Consulting, with emcee Danielle D. Duplin

 

The Hidden Costs of Eldercare


 

About

Longer lifespans are a modern miracle; and an economic dilemma.

 

In a few short years, the first baby boomer turns 80 years old, and by 2030 all boomers will be over 65.  Many rely on dwindling retirement savings that barely cover the costs of their daily care.  Even fewer of us will be able to pay the estimated $50k-$100k+ in annual expenses for help around the house and basic activities like showering, taking medicine, preparing meals, and getting to doctor’s appointments. 

 

When kids step in to help, they often leave the workforce mid-career to become unpaid family caregivers, kicking off a cascading financial impact to their own wealth horizons. 

 

With only 7% of Americans covered by long-term care insurance, how can we afford to grow old?  

Join us for a provocative conversation on the emerging crisis in eldercare financing; We’ll explore wide-open opportunities for fintech entrepreneurs, advisors, policymakers, and enterprises to creatively solve a universal need to fund the real costs of aging. 

Speakers

Eileen Tell, Principal & Owner, ET Consulting LLC

Hannah Wolf, Financial Advisor, UBS

Mark DiRienzo, CLTC, Regional Marketing Director, MoneyGuard Solutions, Lincoln Financial Distributors

Host

Danielle D. Duplin, Cofounder, Global Executive Director, AGENCY

Aarabi Balasubramanian, Founder, Care-Wallet

Program Partner

(original event link at Boston FinTech Week)

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ABOUT US >

AGENCY is a hub for collective impact where innovators improve the aging journey for all.  AGENCY offers ecosystem-as-a-service, premium coworking space at CIC's in 10 cities, and thought leadership programs.  We help corporates to source solutions, innovators to scale products to market, and founders to grow companies that serve the world's aging populations.  Together, we can reduce the stress and enhance the joy of growing older worldwide.

CONTACT US >

helloagency@cic.com

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