Americans pay $17.5 billion to support parents in a year,” by Kathleen Steele Galvin, McKnight’s Senior Living 

“Americans provided $17.5 billion to support their parents in 2020, according to the US Census Bureau. More than half (53.9%) of parental support providers made payments to one parent, and 40.8% made them to two parents. Almost as many adults provided voluntary parental support to parents in 2020 as those who made mandatory child support payments — 4.3 million and 4.4 million, respectively. That’s not to say the dollar amounts were comparable, however, the bureau said. American’s paid significantly more in child support than parental support — $30.6 billion compared with $17.5 billion, according to the US Census Bureau’s 2021 Survey of Income and Program Participation.”

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

Exactly how much does that human hoagie the sandwich generation pays for cost?