About one-third of Americans who are caregivers for their elderly parents spend more than 10 percent of their own retirement savings caring for a loved one, according to a new survey from The PNC Financial Services Group Inc.
Businesses across the UK are being urged to take action when it comes to helping employees who are caring for elderly parents. (PRWeb October 17, 2014) Read the full story at http://www.prweb.com/releases/2014/10/prweb12257704.htm
Just a generation ago, aging family members typically had at least one relative living nearby. These days, many are being cared for by baby boomer children who live far away.
Caring for an aging parent can be stressful. And one thing that could help – a long-needed holiday – sometimes only adds to the stress.
The American Association of Retired Persons (AARP) reports that those currently providing care for an aging parent or relative are likely spending 18 hours a week or more taking them to doctor’s appointments, doing grocery shopping, assisting with financial issues, medications, bathing and just being there for them.
Women over 60 make up nearly a third of all hospital admissions for anxiety, NHS figures show. Experts say many are unable to cope with the ‘emotional burden’ of caring for ill husbands, elderly parents or grandchildren.
An Aging Parent Fair, designed to assist adult children and families in caring for parents who are senior citizens, will be held Sept. 24 at Boscov’s North at the Fairgrounds Mall.
redOrbit Staff & Wire Reports – Your Universe Online Baby boomers who are currently caring for their elderly parents might not have anyone around to fill that role during their twilight years, according to a new study from AARP. According to the study, the ratio of potential caregivers to older men and women in need of care will plummet from 7.2-to-1 in 2010 to just 2.9-to-1 by 2050, said Walter …
Thousands of women over the age of 50 are being forced to give up work because of the pressures of looking after their elderly parents and grandchildren, a study reveals today.
Health Secretary Jeremy Hunt warned large numbers have to give up work to look after relatives – and urged employers to act to avoid damaging the economy.