A young carer holds the hands of an elderly woman in a residential home for the elderly in Planegg near Munich in this June 19, 2007 file photo. REUTERS/Michaela Rehle/Files

If you have an aging parent and want a glimpse of what the future holds, look no further than Leslie Glutzer.

The 66-year-old from Chicago has a mom who is 92, dealing with dementia, now living in a local nursing home. Those costs are not covered by Medicaid, so Glutzer and her husband are spending more than $5,000 a month from their savings.

Source: Start planning now to care for elderly parents
My Comments: Really good piece for everyone.