The article emphasizes the looming Great Caregiving Transfer alongside the Great Wealth Transfer, amidst rising numbers of aging caregivers, notably over 23% of seniors. Many of these caregivers support adult children grappling with mental health issues. The piece highlights the urgent need for planning, as the loss of caregivers may lead to severe crises for dependents. It recounts tragic incidents illustrating the dangers of unpreparedness, stressing the importance of proactive measures for the elderly caregivers to ensure the well-being of their loved ones once they are unable to care for them.
In recognition of Mental Health Awareness Month this May, it's imperative to spotlight the need for aging caregivers to plan for when their loved ones with mental health issues will no longer be able to depend on them.
Raising the stakes are rare but horrific stories, where an aging caregiver dies, triggering a mental health crisis for their dependent loved ones.
Families fear that, without appropriate planning, loved ones who lose their caregivers may end up on the streets, cycling in and out of hospitals and jails.
Currently, more than 23 percent of Americans aged 65 or older are caregivers, often for adult children facing significant mental health challenges.
Collection
[
|
...
]