These benefits include resource and referral services, long-term care insurance, counseling and adult day care. Nevertheless the demands of being a caregiver and a full time worker strain those managing a career. No matter how great or small the demands of individual circumstances, eldercare is affecting job performance too. Over half of those surveyed reported missing time at work due to their situation and nearly a quarter had lost pay or suffered a reduction in working hours to meet the needs of their retired family. But a dependence upon existing government programs or even employer-sponsored plans is a recipe for disaster.
Retirement is more than just money, and it includes the care of more than just one.
Make it a discipline to study current events and legislation that impact retiring workers, savings and health and elder care. Be aware of what is going on. Plan for more than just money. Money will buy a lot but without advance plans it clearly will not buy space in eldercare facilities of the future. The time to establish relationships for care in that time of your life is now.