Dossier
Washington Post analysis
Coverage of Washington Post analysis in the Nexus archive.
- Elder care costs threaten wealth transfer
The anticipated wealth transfer from baby boomers to their descendants is failing due to rising elder care costs, which are depleting seniors' savings. A Washington Post analysis found that the median American who died between 2006 and 2022 spent $19,179 out-of-pocket on care, undermining the expected $84 trillion transfer over 20 years.