When Caregiving Leads to Bankruptcy

When you’re caring for an aging parent, you want the best care possible. But what does that care cost? And who pays for it? AARP’s caregiving expert Amy Goyer struggled financially to give her parents the best care possible and even ended up filing for bankruptcy. Despite this, Amy looks back on the joy of caregiving and celebrating the wins. AARP has financial and legal resources for caregivers, including ways to protect your money while caring for a loved one or friend. AARP also has information on how to find credit counseling here. Join AARP’s Family Caregivers Discussion Group on Facebook. This season of Uncared For is presented by the Commonwealth Fund, a nonprofit foundation making grants to promote an equitable, high-performing health care system. Help others find our show by leaving us a rating and writing a review. Follow SuChin Pak on Instagram @SuchinPak and Lemonada at @lemonadamedia across all social platforms. Want to become a Lemonada superfan? Join us at joinsubtext.com/lemonadasuperfan.   Click this link for a list of current sponsors and discount codes for this and all other Lemonada series: lemonadamedia.com/sponsors. To follow along with a transcript, go to lemonadamedia.com/show/ shortly after the air date.See omnystudio.com/listener for privacy information.

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Roughly 42 million unpaid caregivers care for older loved ones in the United States, and that number is only rising. By 2050, older adults will represent more than 20 percent of the population. So how are we going to care for all of them? In season two of Uncared For, award-winning journalist SuChin Pak (Add to Cart, MTV News), turns the spotlight on elder care, from the medical and financial hurdles to the emotional highs and lows. Through intimate conversations with family caregivers, we’ll explore what it takes to ensure our loved ones can age with dignity. From Lemonada Media and The Commonwealth Fund.