How to Care for an Aging Parent When You're Far Away
Caring for an aging or elderly parent or grandparent can be emotionally, logistically, and financially complicated.
If you're one of nearly 7 million Americans providing long-distance care, these arrangements be even more challenging.
Time.com, financial planner Suzanna de Baca asks, "If you are living far from your elderly parent and he or she is in decline, what can you do to make it easier financially for you and your family?" Thankfully, this is not a rhetorical question. De Baca offers these six tips with insight and resources for each:
- Consider moving Mom or Dad in with you
- Get the facts
- Be in touch – often
- Plan and budget for your travel
- Choose the appropriate primary caregiver and services
- Learn about sources of financial help
Are you a caregiver for an aging parent or grandparent? If you are, what are your suggestions for ways to ease the financial burdens of care-giving?
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