How to manage the cost of supporting and caring for an elderly loved one

Caregiving for elderly Americans can be a huge expense in time and money for their loved ones. A new report shows 20 percent of all caregivers say they spend more than 40 hours a week providing that help. For many, that’s about the equivalent of a full time job and close to eight in 10 pay for the costs out of their own pockets. CBS News business analyst Jill Schlesinger joins “CBS This Morning” to discuss why the burden of taking care of elderly loved ones tends to fall disproportionately on one family member and particularly women.

Categories: National, US & World News

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