Posthaste: Canadians put their financial future on the line as they care for older family members, says report
Being the caregiver to an older family member is costing Canadians anywhere from $7,000 to $10,000 a year in out-of-pocket spending and harming their own financial future, according to an Edward Jones report.
“Caregiving often requires significant time, emotional energy and financial resources, and most caregivers are managing all three at the same time. The financial impact is real and much of it goes uncovered,” said the report released on Wednesday.
Full article available on the Financial Post