Facing financial ruin as costs soar for elder care
The prospect of dying broke looms as an imminent threat for the boomer generation.
Source: staradvertiser.com
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Many Americans Face Financial Ruin as Elder Care Costs Soar
Long-term nursing home care could easily cost more than $100,000 a year without Medicaid and 90 percent of people have said it would be impossible or very difficult to pay that much.
Source: governing.com
Analysis of the US Health and Retirement Study - The New York Times
An explanation of the findings from the federally financed survey to assess long-term care needs and finances of those 65 and older.
Source: nytimes.com
Facing Financial Ruin as Costs Soar for Elder Care - California Healthline
The United States has no coherent system of long-term care, leading many to struggle to stay independent or rely on a patchwork of solutions.
Source: californiahealthline.org
Facing financial ruin as costs soar for elder care
Margaret Newcomb, 69, a retired French teacher, is desperately trying to protect her retirement savings by caring for her 82-year-old husband, who has severe dementia, at home in Seattle.
Source: news-medical.net