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Elderly Parents Get Financial Assistance … From Their Adult Children

It would be interesting to see some statistics for the United States. What about you? Do you have parents aging in place or in a managed care environment that you are contributing financially to? Post a comment below and let us know.

Here’s an interesting article from Your Money about the financial impact being felt by some 1.7 million adult children in Britain assisting their elderly parents. The information is a real eye-opener, with children lending financial support for day-to-day expenses and their parent’s care.

Read More: Brits providing financial lifeline to elderly relatives

It would be interesting to see some statistics for the United States. What about you? Do you have parents aging in place or in a managed care environment that you are contributing financially to? Post a comment below and let us know.
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This article has been republished in part or full from an Age in Place Professionals member's website. Read the orignal article at the author's website >>

avatar About Mark Hager

I'm a managing partner at Age in Place Networks & spearheading an effort to educate seniors and their families about aging in place (staying in their homes as long as they can while growing older).
 
Also, I work with senior-focused small businesses to increase their impact in their communities & grow their companies. We provide a business directory for local businesses, as well as other opportunities for businesses that sign up. Join our growing online network now!

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