The Cost of Caregiving

The following was posted on the ElderCare Listserv by Lori Strom, MPA, CHRS;  Michigan State University;  Family Resource Center Coordinator.    She calls attention to a PDF document linked here:

http://www.metlife.com/assets/cao/mmi/publications/studies/2011/mmi-caregiving-costs-working-caregivers.pdf    entitled The MetLife Study of Caregiving Costs to Working Caregivers Double Jeopardy for Baby Boomers Caring for Their Parents.   The Study focuses on baby boomers, caring for a parent.     “Due to lost wages, Social Security,  pensions and retirement funds, the annual national cost is $3 Trillion!    Plus the cost of caring for the parent, and the loss of good health have a major impact on Baby Boomers.”   The findings of the Study are sobering.

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