Title: Facing Financial Ruin as Costs Soar for Elder Care
Article Snip: "...daunting life choices — and potential financial ruin — as the escalating costs of in-home care, assisted living facilities, and nursing homes devour the savings and incomes of older Americans and their relatives. “People are exposed to the possibility of depleting almost all their wealth,” said Richard Johnson, director of the program on retirement policy at the Urban Institute. The prospect of dying broke looms as an imminent threat for the boomer generation..."
Reference: nmindepth.com
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