Caregiving can be an overwhelming job. Especially if the person in need of care is a loved one.
About 34.2 million Americans have provided unpaid care to an adult age 50 or older in the last 12 months.1 This requires patience, empathy, and an abundance of time and resources!
The financial commitment of caring for an elderly relative or friend is substantial. However, it’s critical to look beyond the dollars alone.
Who is affected?
More people are affected than just the primary care giver. In many situations, there may be a secondary caregiver who contributes financial and/or physical support as well as community resources from friends, extended family, neighbors, and other charitable organizations.
Because of the far-reaching implications, it can be wise to have a long term care plan to help prepare for the rigorous, around-the-clock demands of caregiving.
For more information on elder care resources, please visit the website of Geriatric Care Manager Dr. Marion Somers.
Please note that the information and views of Dr. Somers are her own and are believed to be reliable; however, LTC Consumer and its representatives are not responsible for the accuracy of the information presented.
Do you have a plan for your future care needs? Request a free quote today and speak with an LTC Insurance Specialist about your options.
1 National Alliance for Caregiving and AARP. (2015). Caregiving in the U.S.