Most of us don’t think about what we’re willing–and not willing–to do when our parents need assistance. That is, most of us don’t think about it until we’re overwhelmed and in the middle of a crisis.
Are you okay with your parents moving in with you if they can no longer live independently? Will you help them out financially if need be? A new national online study by MORE magazine addressed these questions and more.
In the study, 751 men and women aged 18 and over with one or more living parent or guardian were surveyed. Below are some of the most eye-opening results, as reported by AARP.
- 45% of those surveyed said that their parents have no plans for when they lose the ability to live independently
- 26% said that they have no clue what their parents’ personal plans are for elderly and end-of-life care
- 75% of all ages said that they would make financial sacrifices to help with an aging loved one’s care
- Women in the survey were more willing to sacrifice their daily lives to take on caregiving duties
- Men were more likely to offer financial assistance by dipping into their savings or other assets
- 21% of men and women surveyed said that they were unwilling to give up their time and money, including vacations, cars, and other luxury goods.
- 63% of those surveyed thought that an elderly parent should move in with them if there’s enough room.
- Women said that they want less emotional, physical, and financial help from their kids then men.
If your aging parents and loved ones are living independently and still in good health, now is a perfect time to talk to them about their future care preferences and needs. While the conversation is never that easy to have, being prepared will go a long way towards ensuring that everyone will be as comfortable and happy as possible when help is needed.
Physicians’ Choice Private Duty Assisted Living currently serving Omaha, Eastern Nebraska and Western Iowa provides seniors and their families a complete understanding of geriatric care options and helps families maneuver through the challenges of the system. Get your free Cost Comparison guide by clicking here. Or contact us for a free consultation or just to say hello!
“Physicians’ Choice Private Duty Assisted Living solves the challenges families face in caring for aging parents, with a focus on strategies that keep them in their homes. To learn more about our solutions, visit http://www.private-duty.pchhc.com.”