Almost 30 years ago, my father wrote a book titled Risking Old Age In America, which described the plight of seniors in the United States who faced severe income gaps, limited assistance for care at home and deplorable nursing homes. A lot has changed since then, but many of the same challenges persist or have gotten worse.
With the advent of the assisted living industry, there's an alternative to nursing homes. Home care services have expanded as has government assistance to pay for home care. Nursing homes have improved, and seniors enter them later in life when they need more care, meaning fewer are institutionalized for year after year.Read More