Shadows of the aging society... 7 out of 10 people are ”not ready” for elderly care = South Korea

In South Korea, it has become clear that the majority of adults are unprepared for ``nursing care in old age.'' In preparation for the aging of the population, we need to improve our understanding of nursing care services, including post-retirement planning.
There are voices saying that it is necessary. On the 28th, the Korea Insurance Research Institute asked 1,900 adult men and women aged 19 to 69 nationwide about their expectations and preparations for the need for elderly care for themselves and their families.
As a result of a survey conducted, respondents predicted that they would need care for an average of six years. However, 7 out of 10 respondents (67.9%) said they were not prepared to care for the elderly.
. Only 32.1% answered that they were preparing. Long-term care insurance (59.6%) was the most commonly used method of preparing for the risks of caring for the elderly. Savings for nursing care expenses
This was followed by saving money (41.2%), enrolling in dementia insurance or long-term care insurance (19.5%), searching for nursing care facilities (14.2%), and searching for specialized nursing care services (12.4%).
Regarding the need for elderly care for family members, many respondents answered, ``I am thinking about it, but I am not ready.'' Actual research shows that elderly people in their families
77.4% of respondents said they were worried about the possibility of their family caring for their loved one, but only 36.1% said they were preparing for the risk that their family would need care.
Among respondents currently caring for a family member (6.7% of the total), 91.4% said they were worried about the increased burden of caregiving on their family members. Of these, nursing care costs
Increased work burden (76.4%) accounted for the largest proportion. The Health Insurance Research Institute said, ``Although many people are worried about caring for the elderly, the reality is that they are not prepared.
In order to be prepared, it is necessary to know the quality and cost of the nursing care service you desire, as well as the coverage provided by your long-term care insurance."