More Info

Family Caregivers – What They Spend, What They Sacrifice: Findings from a National Survey

12/12/2007 | Requests *

Summary

The out-of-pocket cost of caring for an aging parent or spouse averages $5,531 a year, according to the nation's first in-depth study of such expenses, a sum that is more than double previous estimates and more than the average American household spends each year on health care and entertainment combined. This Evercare/NAC study found that as many as 17 million people care for a loved one 50 years or older and are spending more than 10 percent of their annual income on caregiving expenses.

Author

Available Files

Report PDF (1,240K, 46 pages)

Keywords

Caregiving; Costs of Care; Lower Income; Working Caregiver; Co-Resident Caregiving; Emotional and Physical Effects of Caregiving; Questionnaire

Topic

Aging Issues, Long-Term Care

Type/Tool

Data, Reports, Surveys

Source

Evercare, National Alliance for Caregiving

State

All States/Territories

Date Created

12/12/2007

Contact

- Evercare
952-936-1300

Short URL

www.hcbs.org/moreInfo.php/doc/2107

Permission to use any element of this document should be obtained by the above named contact person. Always name the originator as the source of this material.

* Reflects requests since January 1, 2007

HCBS / Clearinghouse for the Community Living Exchange Collaborative / (http://www.hcbs.org)