Reported 8 months ago
According to a 2021 AARP survey, family caregivers spend over a quarter of their income on caregiving activities, posing financial challenges. Lazetta Rainey Braxton from Lazetta & Associates discusses the concerns caregivers face, such as in-home care, time management, and balancing caregiving responsibilities with work and family. Millennials in the 'sandwich generation' caring for both children and elderly relatives are particularly impacted. Braxton suggests exploring Medicaid and local aging resources for financial support in long-term care.
Source: YAHOO