Joe Caldwell, Co-PI of the Family Support Research and Training Center (FSRTC), was quoted in the July 21, 2015 Chicago Tribune article, “Rising health costs eat up retirement savings.” The article discusses the impact of the rising costs of long term care for older adults through the stories of two mothers and daughters whose lives become upended by the costs of private nursing homes, despite planning ahead. In the article Joe Caldwell comments on this situation:

“Within the first year most people are tapped out … Middle class families just aren’t prepared for these costs.”

The article can be read online by clicking this link.