Baby Boomers responding to a survey from Caring.com say their care of elderly parents or other loved ones is weighing on them, both financially and emotionally.
Results this week from the new survey show 75 percent of caregivers either had to change their jobs or quit their jobs to take care of a loved one.
In addition, caring for a loved one is the No. 1 source of stress in 69 percent of these caregivers’ lives.
"As Americans age and live longer, many continue to live at home or move in with relatives -- by choice or as a result of tough economic times -- requiring care from family members," Andy Cohen, co-founder and CEO of Caring.com, said in a statement.
"These survey results illustrate the significant impact that caring for an aging parent, spouse, or relative is having, as well as the opportunity to provide more support to this growing population now 43 million strong."
A good chunk of these caregivers -- 27 percent -- are part of the so-called Sandwich Generation: Those who have children under 25 living at home and who are caring directly for a loved one.
Among the other results:
- Caregivers perform a variety of tasks for their loved ones, including shopping, talking with doctors, and obtaining and administering medications;
- 58 percent spend more than 10 hours per week providing caregiving service, while 22 percent spend more than 40 hours per week;
- 60 percent live with the loved one for whom they provide care. Half of family caregivers surveyed have searched online for a senior living facility or in-home care.
While the caregiving exacts an emotional and financial toll, the survey said “75 percent say their caregiver role is a source of pride because they're making a difference for their loved one.”
Caring.com is an online resource for caregivers seeking information and support by offering relevant content, advice from leading experts, a supportive community of caregivers, and a comprehensive directory of eldercare services.













Comments
Really interesting, Paul. Good post. Baby boomers do a lot of amazing things.
Paul,
We need to get families to be proactive in the planning for the long term care of their loved ones. Unfortunately, most don't think of this until some type of event, like a fall with an injury occurs. At that point, decisions about long term care are made under a significant amount of stress which does not lead to an optimum oputcome. Planning for long term care allows families to set expectaions and prepare (train) for their role as caregivers.
Ed Caracappa CEO AtGuardianAngel, Inc.
www.issueswithcaregiving.com
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