Did you know that 62% of family caregivers pay for a loved one’s Alzheimer’s care out of their own savings? In the United States, Alzheimer’s disease affects more than five million individuals and families. Although the disease is not a normal part of the aging process, it continues to grow in line with the aging population. As families face the emotional and financial stresses associated with Alzheimer’s, it has become imperative that caregivers begin to plan for the future.
To help plan, advisers have begun integrating the possibility of a loved one with Alzheimer’s to better navigate the families’ financial planning. A recent survey release from caring.com shows the financial impact of Alzheimer’s and the severity it can play on a family’s financial state.
How much do caregivers spend on dementia caregiving?
Where does the money come from?
What is money spent on?
How much is spent on care and services?
How much is spent on products and services?
*Statistics collected from online survey conducted by caring.com and reported by Crain’s Wealth.
If you are one of the millions Americans navigating a loved one’s Alzheimer’s care, experts are available to discuss potential services and financial options. Home healthcare organizations provide in-home care for patients and families living with Alzheimer’s. To determine if your loved one is eligible for care, call VNA of Ohio today to speak with a nurse regarding your family’s situation.
Learn more about VNA of Ohio home healthcare, or call us today at 1-877-698-6264.