Cost of caring for an elderly parent rising faster than inflation, study finds

The cost of caring for an elderly loved one has been rising faster than inflation, up 60% since 2021, according to a study by AARP. CBS News MoneyWatch reporter Megan Cerullo has the story. 9m ago (02:53) Videos Cost of elder care rising faster than inflation Qatar pushing for U.S.-Iran peace deal Trump campaigns in Florida ahead of midterms Alaska voters on Dan Sullivan controversy The state of midterms Alaska congressional candidate on campaign Trump reverses course on Kansas, Iowa rallies South Carolina Senate race leaning Republican Impact of ICE on the Texas midterms Alaska voters react to Dan Sullivan probe Trump campaigns in Florida Kansas Secretary of State on midterms Trump reverses course on canceling rallies Watch: DOJ holds presser on Dan Sullivan case Latest on Iran, Strait of Hormuz Watch: Trump takes reporter questions Analyzing the Latino vote Binance hack may be largest cyber heist Pope Leo votes in U.S. election From the archives: Sir Patrick Stewart and Sir Ian McKellen CBS News 24/7 24/7 Primetime CBS News Baltimore WJZ News 7pm CBS News Bay Area Latest NorCal News & Headlines CBS News Boston Latest Boston News & Headlines CBS News Chicago CBS News Chicago 6pm CBS News Colorado CBS News Colorado 5pm CBS News Detroit Latest Detroit News & Headlines CBS News Los Angeles CBS News Los Angeles 4pm CBS News Miami CBS News Miami 7pm CBS News Minnesota WCCO News at 6pm CBS News New York Latest New York News & Headlines CBS News Philadelphia In Your Corner Podcast CBS News Pittsburgh Steelers High School Showcase Game of the Week CBS News Sacramento Latest Sacramento News & Headlines CBS News Texas Eye on Health