Caregiver Financial Support & Assistance
Caregiver financial support and assistance isn't easy to find. But there are a few programs that help caregivers get financial help and assistance when they are taking care of an elderly parent or loved one. Find out more about financial help and assistance for caregivers, at AgingCare.com.
Articles About Caregiver Financial Support
- My years of caregiving have left me depressed and broke. How do I get my life back?
You can't do this at your age - shouldn't at any age. A therapist may be able to tell you who can help you free or for little charge, if she can't.
- 10 Government Resources Every Caregiver Should Know About
Federal, state and local governments offer many programs, services and benefits for seniors and their caregivers, but few people know these resources exist or how to access them. This is your go-to guide for getting assistance.
- Financial Planning Tips for Caregivers
Tips to help caregivers plan for their own financial future. Caregivers are so focused on managing their parent’s health and finances that they don’t think about their own future financial needs.
- The Financial Costs of Caregiving
When caregivers cut back on hours or quit their jobs to help an elderly parent, it comes at a cost to both society and themselves, according to a MetLife study. Overall, the nation's 9.7 million caregivers give up $3 trillion, with each daughter losing an estimated $324,044 and each son $283,716. But some advance planning can help.
- Will You Have Enough Money to Retire?
With a shaky economy and depleted savings, middle-income boomers may be hard-pressed to make ends meet when they retire, according to two new studies. As they near the end of their working days, boomers are discovering that haven't saved enough. They also may be underestimating how much money they will need to retire.
- "How Can I Get Paid for Taking Care of My Elderly Parents?"
Programs and assistance vary widely by state and individual circumstances, but some financial help may be available for family caregivers who are looking to get paid for caregiving.
- Prescription Drug Assistance Program Locator
This tool locates and provides contact information for prescription drug assistance programs that offer financial aid to people who need help paying for prescription medications.
- Paid Family Leave Benefits Both Employees and Employers
If I'd had paid family leave during my caregiving years, my life and the lives of my loved ones would have been quite different.
- Affordable Care Act Will Fund New Community Health Centers
Affordable Care Act will fund new community health centers nationwide to provide health care to low-income people.