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Economic Downswing Burdens Family Caregivers If Not Prepared According to recent surveys, asking over 900 US citizens ranging in ages 30-60, 25 percent of surveyors presume that they are likely to have to provide care for a loved one in the upcoming years, and not sure they can afford to. Orange County, CA (I- Newswire) March 22, 2012 - According to recent surveys, 25 percent of US citizens presume that they are likely to have to provide care for a loved one in the upcoming years. By asking over 900 citizens ranging in ages 30-60 questions in regards to the health and medical condition of their families, what they expect their obligations as caregivers to be and are they prepared financially for the forecasted responsibility. Even though many individuals have come to realize that they will have to cope with caring for an elderly loved one in the near future, nearly 20 percent have declared that during these tough economic times it has prohibited them from putting away funds for the required costs. However, if they don't have the financial ability, they understand and expect to overlook proper care for the loved one. "The wake of the economic downswing is evident in the difficult choices our families are required to make day after day," said Mike Harriman, CEO of We Know a Place. "Our Senior Advisors assist thousands of families per year discover senior living options where in each and every case they have to determine the senior's best interest with a family's financial capability without disrupting their lifestyle as long as it is possible. Preferably, seniors would enter this stage in life being financially strong and able to live the rest of their days in comfort knowing their cost of living is covered, and that requires proper planning and preparation." An interesting fact and topic that revealed itself was that over 95% of the citizens who took the survey believe that tax payers who care for a senior or loved one in their own home, should be able to claim them as dependents on their tax returns. Out of all of the citizens surveyed, couples that were married and over the age of 50 felt the most strong about this issue. Contact a Senior Advisor at We Know a Place for more information on preparing for Senior Housing in Orange County.

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About We Know A Place: We Know A Place, Inc. is a FREE Elder Care Referral & Information Service. We help families find the best elder care and assisted living options for their aging loved ones. We are funded by the senior care industry so there is never any obligation for our advice. For more information visit our website at www.weknowaplace.com or call anytime 800-500- Place. Company Contact Information: We Know A Place Mike Harriman 14111 Freeway Drive Ste. 300 90670 Phone: 800-500-7522 Published in: Health & Fitness Tags: assisted living  Orange County    California    ca    Elder Care    Senior Care    Senior housing     Published on: March 22, 2012 Original Source: Economic Downswing Burdens Family Caregivers If Not Prepared

Economic Downswing Burdens Family Caregivers If Not Prepared  

Additional Images According to recent surveys, asking over 900 US citizens ranging in ages 30-60, 25 percent of surveyors presume that they...

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