Facing financial ruin as costs soar for elder care
By Reed Abelson and Jordan Rau NYTimes News Service | Saturday, November 18, 2023, 12:05 a.m.
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Gay Glenn visits her mother and brother in a nursing home in Kansas. (Arin Yoon/The New York Times/KFF Health News/TNS)
Stan Markowitz had to contribute $2,700 a month to the nursing home he moved to in Baltimore, which ate up 45% of the couple’s retirement income. His wife, Dottye Burt, rented a modest apartment near the home, all she could afford on what was left of their income. (Shuran Huang/The New York Times/KFF Health News/TNS)