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Adult Children Discuss the Trials of Caring for Their Aging Parents
“It is emotionally and physically draining.” Natasha Lazartes 39, Brooklyn, New YorkTherapist I am 39 years old. I had to care for my father, who passed from cancer in 2019; my mother, who passed in...
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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. She used to...
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Extra Fees Drive Assisted Living Profits
Assisted living centers have become an appealing retirement option for hundreds of thousands of boomers who can no longer live independently, promising a cheerful alternative to the institutional feel...
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What to Know About Assisted Living
Are you confused about what an assisted living facility is, and how it differs from a nursing home? And what you can expect to pay? Here’s a guide to this type of housing for older people. What is...
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Why Long-Term Care Insurance Falls Short for So Many
For 35 years, Angela Jemmott and her five brothers paid premiums on a long-term care insurance policy for their 91-year-old mother. But the policy does not cover home health aides whose assistance...
View ArticleA Guide to Long-Term Care Insurance
If you’re wealthy, you’ll be able to afford help in your home or care in an assisted living facility or a nursing home. If you’re poor, you can turn to Medicaid for nursing homes or aides at home. But...
View ArticleWhat to Know About Home Care Services
Most older Americans want to live at home as long as they can, but finding and affording the help they need often isn’t easy. There are severe shortages of home health aides in many parts of the...
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Desperate Families Search for Affordable Home Care
It’s a good day when Frank Lee, a retired chef, can slip out to the hardware store, fairly confident that his wife, Robin, is in the hands of reliable help. He spends nearly every hour of every day...
View ArticleWatch: The Long-Term Care Crisis: Why Few Can Afford to Grow Old in America
For many in America, especially people in the middle class, old age is a daily struggle to keep up with basic activities. For some, the trials of dementia add to the emotional and financial burden for...
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‘Financial Ruin Is Baked Into the System’: Readers on the Costs of Long-Term...
Thousands of readers reacted to the articles in the “Dying Broke” series about the financial burden of long-term care in the United States. They offered their assessments for the government and market...
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