Are you ready to care for your aging parents?

Our nation’s senior population is expected double from 2012 to 2050. While some general health care costs will be covered by government programs, those seniors choosing to remain in their home and/or buy in to assisted living facilities will undoubtedly self-fund their home care costs. This burden will fall largely on individual seniors and families.

Yet, statistics show that while nearly half of our aging population is concerned about this need, very few are actually doing something about it.

Citing a recent survey conducted by “A Place For Mom” reveals that 42% of Americans with living parents have not discussed anything at all with their parents about their potential need for senior care. Survey results showed that just over one quarter (28%) of Americans with living parents either currently support, or feel they will need to support their parents financially in their senior years. But 86% of those people expressed concerns about their ability to do so (i.e., financially cover living expenses for elders.)

Don’t be a part of the 42% of Americans who may be waiting until a life-changing, emotionally charged event occurs. Now is the time to research and learn about costs and care options for your parents.

The tough conversation does not have to be painful. By starting early, families can avoid planning mistakes and make knowledgeable decisions about senior living and long-term care when the time comes. Get your family talking and develop relationships with the professionals who can make this otherwise difficult life transition a confident and positive one.
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– John D. Miller is the founder/owner of Home Care Partners, LLC, a Massachusetts business providing private duty, personalized in-home assistance and companion care services to those needing help in daily activities and household functions. He can be reached at: (781) 378-2164; email: jdmiller@homecarepartners.biz ; or online at: www.homecarepartnersma.com

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