Women Provide Majority of Care

The American Association for Long-Term Care Insurance just released an analysis of data that found the majority (56%) of Americans who provided care to an elderly spouse, family member, neighbor or friend … were women.

This is hardly a surprise. In fact in A Boomer’s Guide to Long-term Care, I wrote on page 15:

“More than half of the elderly who need assistance are unmarried and receive help from their daughters.”

Further on I added:

“As the population ages, there could be a shortfall in the number of available unpaid caregivers. This problem could further compound because of:

• Rising divorce rates
• Declining family sizes
• Relocations
• More women working outside the home”

Don’t put you loved ones in the position that they’ll have to care for you. Learn your long-term care options and put an action-plan in place.

Have a good weekend,

George