As baby boomers in north Texas continue to grow older, the demand for family caregivers is climbing. These informal caregivers are most often spouses and adult children. But as more and more families are scattered across the country, it isn’t uncommon to find neighbors, friends, grandchildren, and even clergy members taking a more active role in caregiving.
In taking on the role of caregiver, loved ones often discover there are hidden costs for providing senior care they weren’t expecting. It can take a real bite out of the caregiver’s personal finances.
So what are the true costs of caring for a senior loved one?
From direct care expenses to lost wages, here’s what you should consider before assuming the role. [Read more…]
