Caring for aging parents
My blog is about Reverse loans and providing the latest information about them but it is also a resource for people who are seeking information about other issues of aging and due to the fact that I have a very large resource of professionals that provide services to senors and their families, I like to share that once in awhile on this site.
Whether they need a really great Estate Planning Attorney, help with a parent who has Alzheimer’s disease, in home care giving or any of the other issues that families and or the senior’s are faced with each day. I have the resources and information at hand.
Unfortunately there are many adult children who are taking care of their parents needs each day and at the same time, they may be working full-time ( and taking time off from their jobs because of emergencies with their parents), married and still have young children at home that need their attention.
They are referred to as “The Sandwich Generation”.
Soon the burden of taking care of their parents becomes far too difficult and stressful and quite frequently results in them developing a serious illness. And it is not unusual for them to actually die before their parents passes, due to the enormous psychological stress associated with the demands of whatever the situation may be with their parents.
It’s important for them to take care of themselves and if at all possible, pay someone who is a licensed professional to relieve them of the burden. It is a burden and their should be no guilt about letting someone else take care of your parents, as no one is qualified to do the job except for a professional who is trained to handle the seriousness of being a caregiver.
Please read the description below from Coast Caregiver Resource Center if you find yourself overwhelmed, angry, exhausted and feeling helpless and hopeless in trying to do the best that you can for your parents.
Enjoy your time with your parents and let go of any feelings of guilt about not being with them all of the time. You have a life, too.
They are a wonderful resource for help when you need it the most.
COAST CAREGIVER RESOURCE CENTER
Coast Caregiver Resource Center (CCRC) is one of eleven regions in the statewide non-profit California Caregiver Resource Centers that was created over thirty years ago to provide support services for family caregivers of persons with brain/cognitive impairment, such as all dementias, Parkinson’s and Huntington’s diseases, stroke, brain injury and many more. Services include assessments of the caregiving situation and needs, action plans, educational information, resource referrals, ongoing consultations, support groups, and emotional support.
CCRC includes three counties, Ventura, Santa Barbara, and San Luis Obispo, with family consultants in each county with masters’ degrees in related fields. Each region has a host employer, and CCRC’s is Cottage Health in Santa Barbara. CCRC is a program of Cottage Rehabilitation Hospital. Contact may be made through the main office in Santa Barbara at 888-488-6555 or firstname.lastname@example.org.
Forbes magazine published and article on June 16th. about the looming issue of having to take care of aging parents who may have not prepared for their older years. They may not have enough funds saved and invested to last the rest of their lifetimes and it is falling on their adult children to manage their care and in many cases, financially supporting them.
This has the potential to be very, very stressful for the family and there is the constant worry of running out of money, not to mention the cost of emotional and physical health to the caregivers.
This is a very serious and real crisis that it just beginning to unfold. The Forbes article was condensed into a shorter version to read and I am sharing below.
Forbes: Reverse Mortgage Can Help With Planning for Aging Parents
Posted ByElizabeth EckerOn June 16, 2015 @ 2:01 pm In News,Reverse Mortgage | No Comments
“Aging parents can be a major retirement risk even to those who are seemingly on track in preparing for their later years. The care for aging parents can be an additional consideration to supporting children, and can come with new burdens, both financial and emotional, Forbes columnist Jamie Hopkins writes this week.
Among major challenges associated with aging parents are time, cost, work and health, Hopkins writes. Caregiving can be time consuming and expensive. Plus, work-life balance can be difficult, or impossible, and the health of the caregiver is a major factor that many families are not prepared for.
One of the potential solutions addressed by the column: a reverse mortgage.”
I will post the remainder of this summery in a following post.