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The prospect of dying broke looms as an imminent threat for the boomer generation, which vastly expanded the middle class and looked hopefully toward a comfortable retirement on the backbone of 401(k)s and pensions.
The prospect of dying broke looms as an imminent threat for the boomer generation.
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.
Nearly everyone suffering from mild cognitive impairment (MCI) doesn't receive a proper diagnosis, which can increase their chances of developing Alzheimer's disease later in life.
An explanation of the findings from the federally financed survey to assess long-term care needs and finances of those 65 and older.