Introduction



Looking Beyond Retirement: Patterns And
Predictors Of End Of Life Planning Among Older Wisconsinites


 


Yung-ting Su, University of Wisconsin-Madison


 


This study examines end-of-life preparation and factors that
influence planning strategies. EOL planning has gained attention as lives are extended with sometimes
serious emotional and financial consequences for the dying and families.
Because consequences are thought to be less severe with preparation,
individuals are urged to prepare Living Wills and Power of Attorney for Health
Care. Data are from the 2002/2003 wave of the Wisconsin Longitudinal Study.
Demographic, health, and psychological predictors of EOL planning are explored.
While 76% have a will, only 54% has a living will or advance directive.
Multivariate analysis and
implications for financial planning are
discussed.