Uni death expert warns of crisis as baby-boomers reach old ageMarch 10, 2011 in Other Sciences / Social Sciences
An expert in death studies at the University of Bath is warning that Britain is not prepared for the death of the post-war baby-boomers.
Dr Kate Woodthorpe, from the Universitys Centre for Death & Society, says that by 2030 there will be an extra 100,000 people dying a year, a 17 per cent rise in current figures.
She said: We are not prepared for it and it is becoming increasingly apparent that many people have not given enough thought to the cost of support towards the end of life.
If these people dont have savings or assets to sell to pay for their care then its the State that has to pay for it. This is before funeral costs and burial/cremation fees which we know are rising across the country have been factored in. If someone has no assets these costs have to be picked up by the local authority or NHS.
According to the Office for National Statistics around 35 per cent of people in Britain currently have no savings.
We are approaching a time when the post-war baby-boomers are coming to the end of their lives and support from the State is being scaled back. The cost of dying, funerals and dispersement is a potential minefield, said Dr Woodthorpe.
People are living longer and often need support for longer. All this is happening at a time when the death rate will start to rise.
What happens to people who die and have no assets?
Provided by University of Bath
"Uni death expert warns of crisis as baby-boomers reach old age" March 10, 2011 http://phys.org/news/2011-03-uni-death-expert-crisis-baby-boomers.html