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Adult Children Involved in Eldercare Decisions

Tue, 09/19/2000 - 11:00pm — Karen Stevenson
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The National Investment Center for the Seniors Housing & Care Industries (NIC) announced the results of a new survey, "National Survey of Adult Children: How They Influence Their Parents' Housing & Care Decisions." The survey found that over 75% of the time, adult children were involved in the decision to place a parent in a nursing home or assisted living facility, but that they were generally unaware of the options available, and confused about terminology. The study also found that over 66% of assisted living residents have incomes under $25,000 per year, and more than half of their adult children have incomes below $75,000 a year, yet 26% of the adult children contribute financially to their parent's care. 77% of these adult children said they had not discussed the costs of seniors housing and care with their relative.

The National Investment Center for the Seniors Housing & Care Industries (NIC) announced the results of a new survey, "National Survey of Adult Children: How They Influence Their Parents' Housing & Care Decisions." The survey found that over 75% of the time, adult children were involved in the decision to place a parent in a nursing home or assisted living facility, but that they were generally unaware of the options available, and confused about terminology. The study also found that over 66% of assisted living residents have incomes under $25,000 per year, and more than half of their adult children have incomes below $75,000 a year, yet 26% of the adult children contribute financially to their parent's care. 77% of these adult children said they had not discussed the costs of seniors housing and care with their relative.