Today’s issue of Market Watch offers a postscript to our earlier article, Caregivers Nearing Retirement: Unexpected Outcomes.
Read the above before reading today’s article by Amy Hoak, More homeowners choose to default on loans: Choosing not to pay has consequences beyond damaged credit scores.
These decisions impact all of us. In the years to come, all of us will be paying for the actions of those who choose to benefit now.
As a caregiver, imagine trying to sell your parents’ home in order to finance their care. With the depressed prices, you’ll barely get enough. Everything they worked hard for will be gone due to the actions of a few.
These shortsighted behaviors need to be addressed openly and immediately.
We welcome your comments.
Brenda Avadian, MA
Editor, The Caregiver’s Voice Blog