This morning I was sent a copy of an article that was recently posted in the New York Times. It is about how the cost of elder care is practically bankrupting the children of seniors. It mentions that it is thought that our custom is to not take care of our elders, but like the article says, many families are doing so – financially. Unfortunately many baby boomers may find themselves with no money left over for their retirement let alone long term care.
Posted January 3, 2007