Attitudes towards bearing the cost of care in later life: evidence from a global survey

The ageing of population is now recognised as a global issue. Tackling the increasing demand for elderly health care is a new challenge for many countries and perhaps one of the key concerns among individuals and family members in societies. As the socioeconomic, demographic and cultural context of individuals’ vary from one setting to another, the intergenerational support as well as the cost of care responsibility will also vary across the globe. In particular, issues related to elderly health care financing and supports are emerging steadily and perhaps one of the dominant topics in gerontology. The aim of the talk is to tease out perceptions among adult people towards the cost of care in later life. The data for the study come from the HSBC global survey on the Future of Retirement. The paper finally ends with conclusion on policy implications