We’ve heard from nursing homes, assisted living facilities, friends and family members, that caring for seniors during this economic crisis can be challenging. Some families can no longer afford to put their parents into care. Others actually view caring for parents at home as a source of income.
And with massive state budget shortfalls, government-funded elderly care projects look unstable as well. What are the difficult decisions facing people caring for an elderly parent or loved one, and how those decisions are being complicated by the economy?
Are you caring for an elderly parent or loved one? How is the economy affecting your decisions about what care to seek? Do you work in long-term care? What changes do you see as the economy worsens?