Do You Have the Financial Means to Support Your Elderly Parents?

Not sure whether you should move your elderly parents into your home or into assisted living?

According to Genworth’s caregiving statistics, caregiving families can spend over $10,000 out of pocket each year on elderly care. Over 70% of caregivers miss time at work, which can put financial strain on your family. It’s important to ask your elderly family member if they can contribute to the expenses.

Depending on the level of care that your family can provide, assisted living may be more cost-effective for your elderly parent. Read more about how to make the decision to move into assisted living here.

Professional Caregivers with Assisted Living in Plymouth

Caregiving often comes with an immense amount of pressure and stress—stress alone commonly results in sickness and mental distress for the caregiver. Consider choosing assisted living in Plymouth. Plymouth Terrace treats your elderly loved ones like family; they’ll get the care and attention that they deserve, and you don’t have to drastically alter your life. Give us a call at (734) 451-0700 or submit a contact form and ask about our senior living accommodations.