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Taking care of aging parents

from The Boston Globe

As baby boomers head into their golden years, many are finding they not only have to plan for their own retirement but for the care of their aging parents as well. Americans are living longer, which also means they face more physical and mental challenges. "The fact that parents are living longer makes it more and more likely that children are going to have to have some presence," said Bob Mauterstock of Brewster, Mass., a retired financial adviser who has written a book about planning for the care of aging parents. more


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