Dan Veto

We are all familiar with families like the Cleavers or the Simpsons—Dad, Mom, and 2.5 kids happily living under one roof in the suburbs. But over the past 100 years, significant demographic and economic changes have dramatically transformed the American family and communities across the country. We no longer live in a world where most people are the member of a “nuclear family.” How is today’s modern family—or post-nuclear family—different? How do—and will—family changes impact health and care needs, the workforce, housing, legacy, leisure, social services, and financial planning? What are the implications for businesses and aging service providers? How do we navigate the potentially complicated relationships and compelling challenges faced by modern families in retirement and later life, such as blending families together and bridging the miles between relatives living in faraway communities? This presentation covers four trends that, in concert, have transformed and continue to profoundly influence today’s families: Unprecedented longevity, family complexity, financial interdependence, and women’s rising influence.