Colorado must “act now” to address aging population, rising costs, study says
Karen Brown thought her mother was set financially. She was 92, and had $750,000 saved up to live out her days comfortably.
Then her mother had a stroke. And a lifetime of savings evaporated in a few short years. First it was $150,000 a year for 24/7 care. Then $85,000 annually as she transitioned to assisted living.
By last May, Brown’s mother had spent all she had, and was forced to rely on Medicaid — and her daughter — to make ends meet.
Imagine, said Brown, who serves on a
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