The Growing Challenge of Aging at Home: Financial and Emotional Strain on Families
Many Americans hope to grow old in the comfort of their own homes. However, this aspiration is increasingly challenging as in-home care's financial and emotional costs continue to climb. Across the U.S., families are spending as much as $240,000 annually for round-the-clock care for loved ones with conditions like Alzheimer’s or dementia. For others, the financial burden has pushed them to exhaust savings or tap into home-equity loans just to afford basic home healthcare services. Sometimes, family members leave jobs, close businesses, or delay retirement to care for aging parents or spouses. The costs of in-home care are escalating at ... Read More
