Skip to content

7 Myths About Caregiving Costs

January 6, 2019

From the U.S. News & World Report website

The financial aspests of caring for an aging loved one are often a gray area. It can be difficult to predict upcoming health-related expenses and estimate how much help will be needed. Yet the costs of caregiving tend to run steep. The value of family and friend caregiving amounts to about $470 billion each year, according to an AARP Public Policy Institute report.

If you are currently providing care for an elderly relative or plan to do so in the future, filtering through the financial details as early as possible can save time and money later.

Here are some common misconceptions surrounding the costs of caregiving, as well as the realities to expect.

From → Finance

Comments are closed.