November 25th, 2013

By: Elizabeth Shell

Nearly 9 in 10 Americans who need some form of long-term care (LTC) get that assistance from family members or friends who volunteer their time. More than a third of these ‘informal’ caregivers are taking care of an aging parent, and assist with tasks like getting in and out of bed, going to the bathroom, eating, housework and transportation.

So what is the economic cost when mom moves in because she’s not quite able to take care of herself, but you either can’t afford or do not want to send her to a nursing home just yet?

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