TUESDAY, Aug. 22, 2017 (HealthDay News) -- Caring for a family member with a neurological disorder such as dementia is vastly more expensive than caring for a senior who is dementia-free, a new study finds.
The average yearly cost of caring for a dementia-free senior is roughly $137,000. But the price tag rises to $321,000 for care of those struggling with dementia.
Like Scarlett O'Hara who put off thinking about anything unpleasant until tomorrow, most Americans aren't planning for how they'll pay for a nursing home or at-home care should they need it when they're old, disabled or chronically sick.
Yet for the estimated 2-in-5 among us who will need extended care at some time in our lives, there's a tool that can keep us from racing through our life savings...