Health-care needs in retirement are a key concern for many, whether it’s the ability to afford care later in life, and/or who will provide that care.
The toll that caregiving can have on families, individuals, businesses and society is difficult to quantify. But we know that caregiving affects all Canadians. In fact, one-in-four Canadians is currently a caregiver, and one-in-two will become a caregiver in the future.1 It’s estimated that 75 percent of care is provided by unpaid caregivers2, saving Canadian health-care systems billions of dollars per year. Our society just couldn’t function without caregivers.
In this video, hear from a panel of specialists who discuss ways in which Canadians can better equip themselves as they navigate their own future experiences in receiving or providing care.
Visit the RBC Wealth Management Longevity: Aging Well hub to explore more strategies, insights and resources to help you plan for a long and healthy retirement.
1 https://canadiancaregiving.org/canadian-caregivers-are-at-a-breaking-point/
2 https://caremakers.ca/wp-content/uploads/2024/01/Caregiving-in-Canada-challenges-and-opportunities-shaping-a-national-conversation.pdf
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