My mom's long-term care has cost almost $400,000. This is after we spent $45,000 converting a guest house on our property for her.
A personal account of a woman managing the high financial and emotional costs of caring for her parents with dementia and Alzheimer's. The story highlights the lack of long-term care insurance as a major factor in the family's financial strain.
Why it matters
It underscores the growing crisis of elder care costs in the U.S. and the importance of long-term care planning for aging populations.
Alison George and her sisters care for their mother with late-stage dementia. Alison George Alison George, 52, manages her mom's costly late-stage dementia care after caring for her late dad. Her parents saved money but lacked long-term care insurance, worsening financial burdens. George's mom moved to a Medicaid facility as savings dwindled, yet costs remain high. This interview is based on a conversation with Alison George, 52, who lives in Raleigh. George cared for her father, who died in 2023, and is now a caregiver for her mom with late-stage dementia . The costs of care have been astronomical for her, and she said her current situation is one of fear. This interview has been edited for length and clarity. I do project management in the print industry. I'm married and have two children, ages 14 and 12.
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