The cost of aging in place can be ‘crushing' [Yahoo! Finance]
Genworth Financial Inc (GNW)
Last genworth financial inc earnings: 10/29 05:10 pm
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Source: Yahoo! Finance
But the financial and emotional ramifications of staying in one's current home, rather than moving to a nursing home or assisted-living facility, can be a heavy burden. The Wall Street Journal highlighted aging-in-place issues this week by interviewing several families across the country about their “crushing“ struggles to care for aging relatives. The article noted that the growing senior population in the U.S. is expected to make these problems more widespread as about 25% of those 65 and older “will eventually require significant support and services for more than three years.“ In Nebraska, a couple has been dealing with the impact of the husband's Alzheimer's disease diagnosis for the past seven years. His wife tried caring for him on her own, but after that became too much, she brought in help. She has since hired and fired a string of home health care workers and now relies on a team of five aides who work round the clock. The yearly cost of care is $240,000. In Illinois
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GNW
News
- Genworth Financial, Inc. (NYSE: GNW) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Why seniors should apply for long-term care insurance before 2025 [CBS News]CBS News
- I'm 71 with $2 million in retirement savings and a conservative investment strategy. Am I doing this right? [Yahoo! Finance]Yahoo! Finance
- How can I pay for my health care without tapping into my home equity? [Yahoo! Finance]Yahoo! Finance
- Genworth Financial Inc (GNW) Q3 2024 Earnings Call Highlights: Strong Financial Performance ... [Yahoo! Finance]Yahoo! Finance
GNW
Sec Filings
- 11/7/24 - Form 10-Q
- 11/6/24 - Form 8-K
- 10/29/24 - Form 13F-HR
- GNW's page on the SEC website