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Adam Felts

Research Associate, MIT AgeLab MIT Center for Transportation & Logistics

  • Somerville MA

Adam Felts conducts research on the experiences of family caregivers and the future of financial advice.

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Biography

Adam Felts is a researcher and writer at the MIT AgeLab. He conducts research on the experiences of family caregivers and the future of financial advice. He received his Master's of Fine Arts in Creative Writing from Boston University in 2014 and his Master's of Theological Studies from Boston University in 2019.

Areas of Expertise

Family Caregivers
Financial Advice
Research Design
Survey Research

Education

Boston University

MTS

Religion/Religious Studies

2020

Boston University

MFA

Creative Writing

Languages

  • English

Media Appearances

Ep.78 – MIT AgeLab’s Research on What’s New With the Caregiving Journey

Seniority Authority  online

2024-08-01

In this transformative episode of Seniority Authority, we sit down with Adam Felts, Research Associate at the MIT AgeLab, to dive into the complexities of caregiving in today’s aging society. Adam shares invaluable insights from his groundbreaking research on family caregiving, revealing the challenges and triumphs of those caring for older adults. Together, we explore the implications of our longer life spans on caregiving dynamics and the crucial role of planning and support for caregivers.

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Navigating longevity with industry leaders at MIT AgeLab PLAN Forum

MIT News  online

2024-05-16

A symposium for financial professionals imagines a new industry around longevity planning.

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What does Gen X really want out of work?

Human Resources Director  online

2023-09-08

Further, it’s not just expected the midlife experiences of generations past. Gen X faces particular challenges that are unique to only their cohort, according to MIT research associate Adam Felts, co-author of the survey.

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Research Papers

Middle-Income Americans and Preparing for Longevity

Innovation in Aging

Lisa D’Ambrosio, Alexa Balmuth, Lauren Cerino, Adam Felts, Niels Wu

2025-12-01

With longer lives, people face greater complexity in financial planning and management. While a range of services and products exist to address the needs of wealthy Americans, there remain significant needs and opportunities to support middle-income Americans in planning for their financial futures. To explore this, an online survey was fielded to a nationwide US sample of adults ages 18+ with household incomes between 50,000 and 200,000. Survey items included people’s financial wellbeing, financial information sources, financial knowledge, and demographic characteristics. Results indicated that people were generally positive about being on the path to meeting their future financial goals, but were less confident about being financially prepared for older age. Most thought that they could be doing a better job of planning for their financial futures.

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Factors Impacting Family Caregivers’ Adoption of Digital and AI-Enabled Technologies for Care-Related Tasks

Innovation in Aging

Niels Wu, Adam Felts, Alexa Balmuth ,Chaiwoo Lee

2025-12-01

Family caregivers are critical to the delivery of care for older adults, but may experience physical, financial, and emotional strains from the caregiving role. Although existing research has established the capacity for digital technologies to ease these strains, adoption remains limited for some technologies that could support care-related tasks, especially for newer, AI-enabled technologies, indicating a need to explore where caregivers encounter barriers related to usability, cost, availability, or value. In this study, an online questionnaire was fielded to members of the MIT AgeLab’s CareHive Panel, an open membership panel of informal caregivers who either currently provide or formerly provided care to an adult family member. Current caregivers (n = 192) were asked about their reasons for avoidance or cessation of use for four AI-enabled technologies: home monitoring and security systems, digital assistants or smart speakers, medication management platforms or smart dispensers, and health/fitness metric trackers.

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Older Adults’ Perspectives on Artificial Intelligence as a Source of Advice

Innovation in Aging

Lauren Cerino, Adam Felts, Alexa Balmuth, Taylor Brennan

2025-12-01

A large proportion of Americans use generative AI tools to seek information and advice. Prior research suggests that older people are less likely than their younger counterparts to use generative AI (NORC, 2023), but older adults’ attitudes toward AI technologies remain relatively obscure. Drawing on data from a national online survey study of American adults between ages 18 to 96 (N = 1008), this study examines older adults’ experiences with AI and openness to receiving advice from AI-enabled tools. The survey included questions about experiences with AI and using AI-enabled chatbots for general use and advice. Preliminary findings indicate that most older adults had some level of familiarity with AI-enabled technologies, with nearly three-quarters (73.7%) of respondents aged 60 and older at least “a little” familiar. However, fewer (28.3%) in this age group reported having used AI-enabled technology.

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