Giving Compass' Take:

• Rebecca Pifer reports that 54% of U.S. middle-income seniors will not be able to afford healthcare and housing by 2029.

• How can funders work to ensure housing and healthcare affordability at scale? 

• Learn about building a more robust and inclusive retirement system. 

By 2029, 54% of U.S. middle-income seniors will not have sufficient financial resources to pay for the level of care they need, including healthcare and housing, according to a study published in Health Affairs.

Over the next decade, the population of middle income senior Americans is projected to grow to 14.4 million, researchers found, roughly doubling from 2014's figures. About 60% of them will have mobility limitations and 20% will have high healthcare needs caused by disability or chronic conditions.

A little more than 80%, or 11.6 million, of middle-income seniors without equity in housing will have annual assets of $60,000 or less — compared to the projected annual cost of $62,000 for assisted living rent and medical out-of-pocket spending. Another 7.8 million (54%) who do have stake in real estate (in addition to income) will still have annual financial resources of $60,000 or less.

Read the full article about the coming healthcare and housing affordability crisis by Rebecca Pifer at Healthcare Dive.