Tag: Aging Parents

The American public is aging at an unprecedented rate. Back in 1985, adults aged 65 and older made up just 11% of the population. Today, this figure is closer to 20%. (Source: Institute on Aging) With an average of 10,000 Americans turning 65 every day, this rapid increase in our elderly population is expected to [...]

Whether you are part of the “sandwich generation” ― caring for both your kids and your parents ― or you are aging yourself, eventually some form of long-term care may be necessary in your family. Morningstar reports that 70 percent of those who turn 65 will need long-term care at some point in their lives, [...]

While you likely grew up in a household where your parents took care of you, what happens when the tables turn, and they need you to take care of them? On top of the unpleasant emotions of seeing a parent age or decline in health, this role reversal often leaves you responsible for your parents’ [...]