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

January 24, 2018

From the CNBC website

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. Last March and April, the institute polled 3,074 individuals who provided nonprofessional or unpaid care for friends or family.

The adverse impact of caring for Mom and Dad go beyond the stress of day-to-day responsibilities.

Here are the other ways caregiving can affect your finances, and how you can deal.

From → Finance

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