Aging
After the Crash, Forty-Five Percent of Caring.com Visitors are Providing Financial Support to Aging Parents
Published in Nursing Home and Elder Business Week, May 10th, 2009
According to new research from Caring.com, approximately forty-five percent of adult children who are caring for aging parents are providing them with financial assistance, with two-thirds more concerned about their parents' financial situation following the recent market crash. This insight is one of many garnered from a new research study conducted by Caring.com to measure the impact of the economy on the nation's caregivers.
"Caring for aging parents is extremely challenging. For baby boomers that are caring for their parents, the caregiver role affects their marital relationships and physical health, and now, because of the stock market crash, it's having an even...
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