Bobbie Preddy's mother ran out of money years ago. She's 98 years old and if she lives longer than six more months, Preddy might be out of cash, too.
Preddy's mother requires round-the-clock care, due to frequent urinary tract infections and related conditions. Together, Preddy and her mother determined the only way she could get the support and care she needed was at an assisted-living facility. But costs for even one of the cheapest facilities in the market are hundreds of dollars more than Preddy's mother can afford with her pension checks each month. Read more here.
Source: McPhillips, Deidre. “The age-old dilemma.” US News and World Report. 27 December 2016. http://www.usnews.com/news/best-countries/articles/2016-12-27/funding-long-term-care-for-an-aging-global-population.