For Millennials Making Their Way, a Detour: To Caregiving

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For Millennials Making Their Way, a Detour: To Caregiving
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“I had a feeling like I was never doing my best,” she said. “I wasn’t being the best mom, the best partner to my husband, the best employee or the best caretaker to my mom because I was being pulled in so many different directions.”

Ariel Brandt Lautman with her mother, Janet Brandt, in Ms. Brandt Lautman’s home in Silver Spring, Md.soon after starting a new job, Ariel Brandt Lautman took her two young children to Denver to visit her mother. This wasn’t purely a social call. Her mother’s memory had been deteriorating for several years, and Ms. Brandt Lautman, who lives in Silver Spring, Md., needed toMs. Brandt Lautman was 35 at the time, considerably younger than the typical caregiver. Each day was a juggling act.

Her younger brother, who lives in San Francisco, and her uncle in Denver handled the logistics of the move. “Millennials are just starting out — they are building their careers and creating their families,” said Dr. Alkema, vice president of policy and communications at the SCAN Foundation, which provides grants for aging-related projects. Their responsibilities may make it difficult for them to gain a toehold on the economic ladder, she said.A change in family structure is one reason for the large number of millennial caregivers, Dr. Alkema said.

Dr. Reinhard warned that caregivers who cut back on work at such an early stage of their careers ran the risk of lower lifetime wealth, retirement savings and Social Security benefits.

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