Caring for the Elderley

There are well over 30 million baby boomers that provide countless hours of service and assistance to elderly parents at no charge. It is estimated that, using average hourly wages, the total amount of this uncompensated care is comparable to the entire medicare budget.

For elderly caregivers who have, or are seriously considering leaving the workforce to care for an ailing parent, the costs are even greater – over $750,000 in forfeited salaries, benefits and pensions.

You can substantially decrease the personal costs of caregiving. This means planning rather than reactive responding. Planning also minimizes personal wear and tear and decreases stress. You will feel much better when you know your options and develop back-up plans before you jump into a challenging project.

To find out more information on caring for the elderly click here.