Those who needed long-term care were more likely to die broke

Among Americans who had $171,365 to $1.8 million in savings at age 65, those with greater long-term care needs were much more likely to deplete their savings than those who did not need long-term care.

Notes: The percent who died broke is the percent of each group of people who reported a net worth of less than $3,000 by the time they died. Groups of people were those who at age 65 reported to the Health and Retirement Study a net worth in the 50th to 95th percentile, or $171,365 to $1,827,765 in 2020 inflation adjusted dollars, and who subsequently either needed or did not need long-term care. Read the full methodology.
Source: New York Times/KFF Health News analysis of Health and Retirement Study data from 2000 to 2021. By By Albert Sun and Holly K. Hacker