Increasing life expectancy and rise in dementia and frailty
Two in five Brits (40%) either expect they will, or already do, support their elderly parents financially in later life, research by VitalityLife has revealed. A third of UK adults (30%) believe the total cost of supporting parents, paying care home fees, arranging help at home, or modifying the home will be £1,000 - £5,000, the findings revealed, however the average annual cost per person with dementia is £32,250 and care costs can amount up to £100,000 during their lifetime. The generations The research also found that one in 10 (10%) within the sandwich generation - who care for...
To continue reading this article...
Join COVER for free
- Unlimited access to real-time news, key trend analysis and industry insights.
- Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
- Receive breaking news stories straight to your inbox in the daily newsletter.
- Members only access to monthly programme 'The COVER Review'
- Be the first to hear about our CPD accredited events and awards programmes.