In an era where pensioners are living longer you may be silently considering, although not necessarily discussing, whether you are prepared to take responsibility for caring for your parents in their old age.
According to a survey by Care UK 66 per cent of adults have never discussed the issue with their parents and I confess that whilst I have given thought to it as a subject that I have never broached with my own family.
Although most of us would probably feel guilty for not allowing our parents to live with us, a national care study of 2000 people has shown that 32% of those surveyed would not let their parents move in whilst the remaining 36% would have to give a lot of thought to it.
For those who said that they wouldn’t allow their parents to move into their home, reasons given by half of them included that their home wasn’t big enough, having enough responsibility already in having to care for children and not being particularly close to parents.
The latest figures are particularly worrying given that the Institute for Public Policy Research has revealed its estimation that by 2030 there will be more than two million people aged 65 and over with no child living nearby to give care if needed. If children do not ‘step up’ to care for parents this will undoubtedly lead to greater numbers of the elderly generation experiencing feelings of loneliness and increased reliance on the services of charities.
Although the survey states that it is worrying that only seven per cent of respondents said they have made plans for their parents’ future care, it is my view that a significant number of adult children may to take the view that their parents are best placed to put such arrangements in place, or at least be consulted about such a decision, unless they lack capacity to do so.
In an era where the elderly generation are living longer, perhaps care is something that no one wants to consider for fear of expense and savings being absorbed by care home fees. By taking financial advice and by considering whether it is appropriate to put into place care fee annuities to fund care, this subject need not be as intimidating to broach as many think.
Whilst I am sure the majority of the elderly population would rather continue to live in their own homes there may come a time when residing in a care home would be most appropriate to ensure the needs of you or your family member are best met. If you are considering moving into care or are assisting a relative with exploring care options, you may wish to take a look at the Care Quality Commission website as they regulate, inspect and review the quality of care provided by care homes in England.
Disclaimer: Anything posted on this blog is for general information only and is not intended to provide legal advice on any general or specific matter. Please refer to our terms and conditions for further information. Please contact the author of the blog if you would like to discuss the issues raised.