Social care budget reductions could lead to rising levels of unmet need a white paper from the International Longevity Centre-UK's Centre for Later Life funding has warned.
The white paper calls for the Dilnot reforms to social care to be implemented and for there to be effective funding for adult social care.
The white paper also calls on the government to ensure there is mass market financial advice for later-life funding, and support policies to extend working lives.
Baroness Sally Greengross, chief executive of ILC-UK said: "We are at a cross roads. There has been undoubted progress in reducing pensioner poverty, particularly at older ages, but we must guard against complacency.
"Continuing reductions to social care budgets could lead to ever rising levels of unmet need and thereby greater deprivation amongst the oldest old.
"Not all babyboomers are wealthy and the pension freedoms alongside an over reliance on housing wealth poses risks to future retirement incomes.
"For tomorrow's pensioners, there is a huge question about whether they will be able to depend on the state to provide adequate levels of support given the rising fiscal pressures of supporting an ageing population."