Survey finds most adults cannot afford to save for care when they are older

Commissioner to the department for the aging in New York Lorraine Cortés-Vázquez, HCCI CEO Joseph Musgrave, and Minister for Mental Health and Older People, Mary Butler at HCCI's home care conference today. Picture: Naoise Culhane

Some 60% of adults think they will need care when they are older, but almost three-quarters say they cannot afford to save towards it, the Health and Community Care Ireland (HCCI) conference has heard.

The HCCI, which represents private homecare companies, said the findings show most people are unprepared for the cost of care in old age.