The MIT AgeLab, in collaboration with John Hancock, released the Longevity Preparedness Index (LPI), a first-of-its-kind multidomain national measure that redefines what it means to be ready for life tomorrow.
Go deeper: The LPI examines preparedness across eight critical domains, including health, finance, care, home, daily activities, social connection, community, and life transitions.
The big picture: While adults achieved high scores in community, social connection and finance, they appear to be less prepared in areas, such as care, health and home.
The bottom line: “The inaugural results are more than a little sobering. If this were a quiz, America scored a “D” overall, with the lowest marks in care, home, and health,” says MIT AgeLab Director Joseph Coughlin.
- “Yet even in that troubling finding lies the opportunity to begin a new national conversation, a new longevity literacy, and perhaps even a race, toward greater preparedness.
The LPI report notes that while finance was one of the higher scoring domains (64), it still means almost four in 10 people will face financial instability as they age.
“Financial stress can have a real impact on your well-being,” says the LPI report. “Many people reported that cost concerns had prevented them from getting the healthcare they needed or participating in social activities with others.”
