The Great Wealth Transfer's real recipients? Elder-care costs.

Tech Insider : Economy, Business
older woman and young woman sit on couch talking

Susumu Yoshioka/Getty Images

My dad's dementia care cost $17,000 a month. It wiped out his life savings in 16 months.

Tech Insider : Business
Man playing with toddler
The author's dad had dementia and needed round-the-clock care.

Courtesy of the author

The 'millennial daughter tax' is terrifying

Tech Insider : Economy, Business
A younger woman looks at an older woman in a nursing home.
Millennials are facing decisions about caring for their aging parents. Lots of those decisions are affecting women.

Patrick Landmann/Getty Images

As my mom aged, I had to care for her more and more. I regret the time I missed with my youngest daughter.

Tech Insider : Business
The author poses with her daughter while outside.
The author, pictured with her youngest daughter, said she regrets how much caring for her mother took her away from her parenting.

Courtesy of Theresa Siller.

Three generations moved in next door and formed a 'family compound.' It's helping them avoid assisted living.

Tech Insider : Business, Travel
Lauuren McCadney and family
Lauren McCadney and her family moved to be closer to each other.

Charlotte Kesl for BI

Lauren McCadney had always wanted to live next door to friends or family. In her late 50s, she finally made that happen, though not the way she'd planned.

Four generations of a family moved in together. Their 'crazy dream' helps them save on childcare and elder care costs.

Tech Insider : Business, Travel
Lily Telloyan's family
Lily and Alex Telloyan, center, moved in with Lily's parents and grandparents in 2024. Their son, Xander, was born in April 2025.

Sarah Rice for BI

Jay Leno, 75, says caring for his wife amid her dementia diagnosis 'isn't work': 'I like taking care of her'

Tech Insider : Business, Travel
Jay Leno and his wife, Mavis.
Jay Leno and his wife, Mavis.

Frederic J. BROWN / AFP

I visit my 82-year-old dad multiple times a week. He still tells people he's lonely.

Tech Insider : Business
The author poses with her father.
TK

Courtesy of Kelly Kanaras

Yvette Nicole Brown says putting her dad with Alzheimer's in a care home was a 'heartbreaking, guilt-ridden choice'

Tech Insider
Yvette Nicole Brown smiling for the camera at a red carpet event.
Yvette Nicole Brown says she was finally able to be a daughter to her father after spending the past 11 years as his primary caregiver.

Emma McIntyre/WireImage

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