Whether a result of denial, limited personal resources or a lack of desire to plan ahead, there is a clear misconception among Americans of the choices available today. Here are some tips to help understand the variety of senior living options and how to assess which ones may be best suited for your loved one.
An estimated 46 million Americans are serving as caregivers for a loved one. Baby boomers may spend more time caring for parents than they did their own children, at costs ranging from $800 to $8,000 per month. Organizing plans to care for an aging loved one starts with a conversation -- albeit a tough one.