Good evening. This snapshot of stories and roundup is recommended just for you, based on your interests and reading history.

(The Washington Post/Tilde Oyster/The Washington Post; iStock)

As the cost of aging soars, families’ wealth is evaporating

 What to know

A Washington Post analysis reveals that elder care costs are depleting the wealth seniors hoped to pass on. Rising expenses, longer lifespans and limited long-term care insurance contribute to this issue. Many families face financial strain, with some turning to Medicaid, which can claim assets posthumously.

Summary is AI-generated, newsroom-reviewed.

Join the conversation

Have a question? Ask the Post AI to learn more