Suzanne Hollack tried to care for her husband at home after he was diagnosed with frontotemporal dementia at age 69. But it got to the point where she couldn't take a shower for fear he would stray out of the house.
So 18 months ago, she moved him to a memory care community near their home in Scottsdale, Az., which like most long-term care, is not covered by Medicare. That, plus his other medical expenses, cost the couple $90,000 last year.
“These expenses place a huge burden on your retirement savings,” said Mrs. Hollack, whose husband, Harry, managed operations for semiconductor companies. “Losing that tax deduction becomes a double burden.”
