“If you’re caring for Mom or Dad, your own retirement is in danger”

“If you’re caring for Mom or Dad, your own retirement is in danger,” by Darla Mercado, CNBC

“Looking after an elderly parent could cost you more than you expect: Your retirement security. Those were the findings from a study of caregivers by the Transamerica Institute, a foundation that specializes in retirement and healthcare issues. . . . The adverse impact of caring for Mom and Dad go beyond the stress of day-to-day responsibilities.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

The earlier people plan for this eventuality the better, because once in the throes of caregiving, options are few.

If you’re caring for Mom or Dad, your own retirement is in danger

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