Looking after ageing parents

CRUCIAL: COST OF CARE, DAILY EXPENSES

- Devon Card

Caring for an ageing parent is a responsibility that few couples are emotionally or financially prepared for. With advances in medical care and technology, people are living longer, often with chronic conditions that require specialised assistance.

If your parents have not planned for these costs, the financial and practical burden may fall on you and your siblings. The cost of care, medication and treatment can be overwhelming, and these expenses are just one aspect of a much larger financial commitment.

Understanding the full scope of what's involved can prepare you effectively and ensure that your financial future remains stable while supporting your parents with dignity and care.

The emotional and financial impact Caring for an elderly parent can be physically and emotionally exhausting, particularly as illness and ageing diminish their ability to manage daily tasks.