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What to prepare for as parents age

Ten percent of all Americans are caregivers for a parent aged 65 or older. (Lynne Sladky/AP)
Lynne Sladky/AP
Ten percent of all Americans are caregivers for a parent aged 65 or older. (Lynne Sladky/AP)

Ten percent of all American adults are caregivers to a parent aged 65 or older. It’s a financial burden for many, with Americans spending an average of more than $8,000 a year to care for elderly relatives.

Here & Now‘s Scott Tong speaks with CBS News business analyst Jill Schlesinger about how to best prepare as parents age.

This article was originally published on WBUR.org.

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