Retirement Savings Squeezed by Caregiving

In-home elder care costs are rising more than three times faster than inflation.

AARP estimates that caregivers in the U.S. spend an average of $7,242 out of pocket each year.

Cuts to federal spending have gutted programs that support them. And amidst the longest government shutdown in history, what little help was left is quickly drying up.

Why is the cost of care going up? What can be done to combat those costs?

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