Transcript: Analysis: Caring for elderly parents' financial needs

ALEX CHADWICK
NPR Special
04-06-2004
Analysis: Caring for elderly parents' financial needs

Host: ALEX CHADWICK
Time: 4:00-5:00 PM

ALEX CHADWICK, host:

Today's longer life expectancy means that many baby boomers will spend more time caring for a parent than they do raising their own children. This according to studies done by the AARP and other groups. In addition to caring for a relative's health needs, many Americans have to help with financial needs as well. Here with tips on how to do that is DAY TO DAY's Michelle Singletary. She writes the syndicated column The Color of Money for The Washington Post.

Michelle, this is a difficult topic because it deals with family relationships as well ...

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