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Assets of Older Minnesotans: Resources for Long-Term Care DHS Teleconference June 4, 2004 PowerPoint Presentation
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Assets of Older Minnesotans: Resources for Long-Term Care DHS Teleconference June 4, 2004 Hal Freshley, MBA. Survey of Older Minnesotans 2001. Who was surveyed? Age 55 and older (over-sample age 65+) Four socio-economic regions of the state Greater Metropolitan Twin Cities

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Assets of Older Minnesotans: Resources for Long-Term Care

DHS Teleconference

June 4, 2004

Hal Freshley, MBA

survey of older minnesotans 2001
Survey of Older Minnesotans 2001

Who was surveyed?

  • Age 55 and older (over-sample age 65+)
  • Four socio-economic regions of the state
    • Greater Metropolitan Twin Cities
    • Central Exurban Corridor
    • Western/Southwestern Tier
    • Northern/Northeastern Counties
  • Live in their own homes (not institutions)
  • 2,253 persons surveyed; +/- 2% margin of error
what are assets of today s older minnesotans1
What are “assets” of today’solder Minnesotans?

Almost half of persons aged 85+ are very low income. . .

what are assets of today s older minnesotans2
What are “assets” of today’solder Minnesotans?

Older persons are more dependent on Social Security. . .

what are assets of today s older minnesotans3
What are “assets” of today’solder Minnesotans?

Even low income elderly have some savings. . .

survey of older minnesotans 20012
Survey of Older Minnesotans 2001

Survey Results

  • 69 separate tables by age group, gender, marital status, living arrangement, education, income and region
  • On web at MBA’s website:

http://www.mnaging.org