You might know P.J. Byrne from the movies, most likely as one of the fast-living brokers alongside Leonardo DiCaprio in 'The Wolf of Wall Street.'
Cast member P.J. Byrne poses at a premiere for "The 15:17 to Paris" in Burbank, California, U.S., February 5, 2018. REUTERS/Mario Anzuoni/File Photo
They have been able to shoulder the finances so far, thanks to a combination of sources like savings, a pension, a long-term care policy and sale of the family home."For so many families going through this, sometimes the money is just not there," Byrne said. "That to me is the scariest thing, and it breaks my heart every day.""The blunt answer is that they can't," said Meredith Stoddard, leader on the life events team for Boston-based money managers Fidelity.
Those numbers are so huge that family members often have to take on those tasks themselves. In fact, the United States has 53 million unpaid caregivers, according to a study by the National Alliance for Caregiving and the AARP. This is a complex national challenge, with no easy answers. Some things to remember on this difficult journey:In terms of governmental help for such families, the United States is "not exactly known for being a leader in this area," deadpans Fidelity's Stoddard.
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