A brief guide to affording eldercare for aging parents

Caregiving for elderly parents is costly, whether you’re spending time or money. Here’s how to make the math work for your family budget.

As an adult, you’ve gotten used to certain things about your parents that your childhood never prepared you for—like your mom’s affinity for pickleball or your dad’s sudden fascination with ancient alien documentaries. But the frailty that comes with aging can be the most difficult change to see in your parents. You might be tempted to ignore the signs of aging in your parents, but it’s likely that they will need some kind of eldercare in the future.