3 publishers · first seen Wed, 28 Oct 2026 13:05 UTC · updated Fri, 30 Oct 2026 19:37 UTC
A recent study by AARP reveals that family caregivers now spend an average of $11,508 annually, a 60% increase from five years ago. This financial burden is driven by rising costs in food, housing, and medical expenses. The study, which surveyed 2,538 caregivers, also highlights the impact on employment, with many caregivers reducing their work hours or quitting entirely. The financial strain is particularly severe for those earning less than $40,000 a year, where caregiving costs consume over three-quarters of their income. The study emphasizes the growing need for support systems to assist family caregivers.
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