PERSONAL & FAMILY GOALS
Eldercare Services Client Care Program
Families are increasingly asking, “How do we care for our elderly parents?” and “How can we remain independent without becoming a burden to our children?” The reason is that for the first time in history, two generations of retirees are now coexisting within a single family as baby boomers retire while elderly parents are alive.
The proportion of adult children providing personal care and/or financial assistance to a parent has more than tripled over the past 15 years. 1 A GROWING CONCERN
“LONG-TERM HEALTHCARE COSTS AND ELDERCARE CONTINUE TO RANK AMONG THE MOST PRESSING ISSUES FACING OUR CLIENTS. AS WE ARE INCREASINGLY BEING ASKED TO ASSIST IN ADDRESSING THESE MATTERS, WE HAVE COMMITTED TO HELPING THEM FIND EFFECTIVE, COMPASSIONATE SOLUTIONS TO THEIR ONGOING CONCERNS.”
The total estimated lost income and benefits over a caregiver’s lifetime is approximately $303,880 1
CONNIE MOORE CLIENT CARE SPECIALIST THE COMMERCE TRUST COMPANY
A large majority of caregivers are unprepared financially. 2
have no plan for how to pay for their parents’ care over the next five years. 63 %
say the cost of caring for a parent has impacted their ability to plan for their financial future. 62 %
OUR CLIENT CARE PROGRAM IS A HIGHLY SPECIALIZED SERVICE AVAILABLE TO CLIENTS WHO NEED SUPPORT DEALING WITH THESE CRITICAL LIFE TRANSITIONS. THE PROGRAM OFFERS HIGHLY PERSONALIZED SOLUTIONS IN GUIDING FAMILIES THROUGH THE MAZE OF OPTIONS AVAILABLE.
Caring for aging parents impacts adult children in the workplace as well. 2 have had to take time off work due to caregiving responsibilities.
1 The Metlife Study of Caregiving Costs to Working Caregivers: Double Jeopardy for Baby Boomers Caring for Their Parents, June 2011 2 AgingCare.com
Contact Commerce Trust today to discuss your needs and learn how our Client Care Specialist can help you review long-term care and eldercare solution options for your family. 1-855-295-7821 | commercetrustcompany.com
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Commerce Trust Company is a division of Commerce Bank. PC1319
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