Tried to post twice and got whoops kitten. Trying once more!
from the Wall Street Journal:
"An estimated 5.4 million children in the U.S. now provide care to parents, grandparents, or siblings with chronic medical conditions or dementia, up from about 1.3 mullion under 18s two decades ago. The growth is largely due to families' inability to find or afford in-home care, plus an aging population, experts say............."
We continue to read about people who don’t plan for their future. This is true of many people. Others who are living paycheck to paycheck can’t possibly save money for retirement or anything else.
If you look at how many assisted living facilities are available now and how many will be built in the future for our aging communities, you will see that there is a huge demand for facility care. It’s an investor’s dream!
We are living a long time these days.
People will either be at home with family as caregivers, agency or private caregivers or in a facility.