The number of middle-aged people supporting their elderly parents at home is set to rise by as much as a quarter over the next decade, according to a new government-commissioned study. Middle-aged people are likely to be “under greater pressure in their family and caring roles” as the number of people providing home care to their parents is projected to reach 500,000 by 2041; though much of the rise will occur over the next ten years.
The report, Future Identities, reveals more families will be squeezed financially over the coming years due to parents looking after their grown-up children as well as elderly parents.
As the traditional life stages of adolescence, adulthood, middle age and old age become blurred it appears it is those approaching their own retirement who will be forced to take on the further responsibility of caring for their elderly parents.
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