Who will be there to help Mom and Dad when they need help the most?
A recent study by the Center for Retirement Research (CRR) at Boston College has found that less than 20 percent of men and women in their 60s need care.
However, by age 85, more than half will require assistance to perform such daily activities as cook meals, tie their shoes, and just get out of bed. Unfortunately, the burden may fall on adult children who are aging themselves.
According to CRR research, nearly 17 percent of children will provide parental care at some point in their lives. That burden in the years to come will indeed rest more heavily on children age 70 and older, who may have trouble bending and lifting things, too.
Cambridge is here for you with financing so you can be there for your seniors. Contact Cambridge today to get the capital your facility needs with guidance. Call us today at 312-357-1601 to discuss your transaction. To read the whole article, visit our blog, or learn more about all of our services.