If you’re a Millennial or Gen Xer, you may also soon find yourself a part of the “Sandwich Generation.” That’s the name demographers have given to the millions of Americans caring for both young children and aging parents.
Caring for older adults isn’t cheap. Americans provide $522 billion worth of unpaid care for elderly family and friends each year.
The growing need for long-term care among older adults is already sapping our economy, as working adults take time off to care for loved ones. It also saps the mental health of middle-aged people, who often find themselves struggling to balance competing needs from children, parents, and their jobs.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
A Long-Term Solution To America’s Long-Term Care Crisis
Sally C. Pipes
If you’re a Millennial or Gen Xer, you may also soon find yourself a part of the “Sandwich Generation.” That’s the name demographers have given to the millions of Americans caring for both young children and aging parents.
Caring for older adults isn’t cheap. Americans provide $522 billion worth of unpaid care for elderly family and friends each year.
The growing need for long-term care among older adults is already sapping our economy, as working adults take time off to care for loved ones. It also saps the mental health of middle-aged people, who often find themselves struggling to balance competing needs from children, parents, and their jobs.
Read the full article at Forbes . . .
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.