Helping an elderly parent or relative pay bills

Source: Geoff Williams - US News

It's almost as inevitable as death and taxes that late in life, many people find it a struggle to pay their taxes – not to mention their cable and water bills. With the aging population growing rapidly, it's a situation that will only become more common. According to the Department of Health and Human Services, by 2030, there will be 72.1 million people over age 65, more than twice the number in 2000. A sobering view came from an AARP report earlier this year that stated, "the supply of family caregivers is unlikely to keep pace with demand to assist the growing number of frail older people in the future."

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moneywise, finances, retirement, bills


 
 

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