Thursday, July 30, 2015

www.sperosfinancial.com Long-Term Care Tip of the Day!



Long-Term Care, Steep Costs Even When It's 'Free'
Whether clients choose unpaid care or rely on it out of necessity, it's important to understand the hefty costs of such care. 

HURDLES AT WORK




In 2014, around 60% of caregivers were employed either full time or part time and faced competing demands from their workplace, according to the AARP study. Among those caregivers, 40% were 50 years old and above.

Of those surveyed for another 2015 AARP report, "Care-giving in the U.S.," 49% made adjustments with working hours, 15% took a leave of absence, 7% received warnings about performance or attendance, and 5% had to turn down promotion offers as a result of care-giving.

"Workplace challenges often arise when children become primary caregivers of their parents," says Birkofer. "These challenges can include having to take time off in the middle of the day, using personal time to take the parent to doctors' appointments, and using vacation time to visit their parents in other cities or locations."

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