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Facing financial ruin as costs soar for elder care

Facing financial ruin as costs soar for elder care
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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.

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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.

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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.

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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.

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