Engaging Millenial Minds
Young Caregivers – Taking Care of Your Parent or Grandparent
One in four young Canadians provide care to a family member or friend but taking on the role as a caregiver can interfere with life pursuits. Education and career development may be postponed, and delays may be experienced in leaving the family home, getting married, and having children. Rates of caregiving are particularly high among young women.
Providing care is not always restricted to helping one family member, friend, or neighbour. About one in four young caregivers provide care to two people, while 19% provided care to three or more family members or friends. Ailing grandparents are the most frequent recipients of young caregivers’ help, followed by parents, and around one third help with age-related needs. Caregivers under 30 most often help with chores like meal preparation and cleaning, transportation to and from appointments or shopping, and house maintenance or outdoor work. But sometimes care includes paying the bills and personal grooming.
The additional potential costs of caring for a loved one include accidental injuries, sleep problems, depression and social isolation. Hear from a young caregiver on how she’s learned to cope, and gain a better appreciation for how proper wealth planning can help ensure families are financially prepared for the future.
Enjoy light refreshments, and a chance to win fabulous door prizes.
Caregiver & Co-Founder Memory Ball
Vice President and Will & Estate Consultant,
RBC Wealth Management Services
Investment Counsellor, RBC Wealth Management,
PH&N Investment Counsel
Tickets: $35 | MEMBERS* $25
* Membership has its privileges! Find out more
WITH GENEROUS SUPPORT BY