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News -07-23-05 Huge Bills for Long-Term Elderly Care (ABC News) "Currently, roughly 9 million elderly Americans require some kind of long-term care. By 2020, that number will have jumped to 12 million." "It's a subject a lot of people don't like to think about. A recent study found four in 10 Americans don't know what steps to take to prepare for their own long-term care, which can easily run into the hundreds of thousands of dollars." 7-05