Share your elder care costs with Business Insider
Business Insider is asking readers to describe the costs of caring for an older family member, with the aim of documenting expenses in detail.
The outlet says long-term care can weigh heavily on families. It cites reports of memory-care bills exceeding $200,000 annually and parents’ small homes costing $450,000.
Some caregivers have also paused work and retirement plans or moved abroad to manage the expense, according to the article.
Responses will be accessible to Business Insider’s reporters and editors, along with employees and service providers supporting the project. The outlet may use submissions and information provided in later follow-ups in its coverage.
Readers who complete the survey are asked to submit it. Business Insider says it may contact participants again.
Key points
- Business Insider is collecting first-hand accounts of elder-care expenses.
- The article describes high care and housing costs, as well as disruptions to work and retirement.
- Survey responses may inform reporting, and participants could be contacted for more information.