“Baby Boomers Look to Senior Concierge Services to Raise Income,” by Liz Moyer, New York Times

“Elder concierge, as the industry is known, is a way for the semi- and fully retired to continue to work, and, from a business standpoint, the opportunities look as if they will keep growing. Around 10,000 people turn 65 every day in the United States, and by 2030, there will be 72 million people over 65 nationwide. Some 43 million people already provide care to family members — either their own parents or children — according to AARP, and half of them are “sandwich generation” women, ages 40 to 60. All told, they contribute an estimated $470 billion a year in unpaid assistance.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
With (1) so many women leaving careers to care for parents, (2) a growing divorce rate among older people, and (3) a shortage of retirement savings, it seems promising that family caregivers can convert skills learned into businesses that generate revenue and provide personal satisfaction.

Baby Boomers Look to Senior Concierge Services to Raise Income