US EditionCaregivers Face Financial, Emotional and Career Impacts, Study Finds
- According to recent research conducted by Edward Jones in collaboration with Morning Consult and Age Wave, 40% of U.S. Adults currently serve as family caregivers.
- This study aimed to understand caregivers’ financial and emotional challenges amid rising living costs and insufficient nationwide support.
- The research found 56% of caregivers worry about inflation, 42% about retirement savings, 51% reduce personal spending, and 72% sacrifice financial security.
- Ken Dychtwald noted that caregivers frequently face significant economic challenges and compromise their personal health, while Ken Cella highlighted the crucial role of financial advisors in supporting caregivers.
- Edward Jones supports bipartisan federal legislation to improve retirement savings for caregivers, suggesting this will enhance economic stability and public health.
84 Articles
84 Articles
Adrienne Marioles: Millennial caregivers carry more than we talk about
In 2015, I uprooted my life in New York City and moved back to Florida to become my mother’s caregiver. I was 29 years old. Like many Millennials, I was focused on building my career and my future — but suddenly, everything changed. My life was put on hold while I navigated doctor’s appointments, medication schedules, insurance battles, and the emotional rollercoaster of caring for a parent with a degenerative neurological disease with no cure. …
Credit for Caring Act can provide support for dementia caregivers
Caring for a loved one with dementia takes a significant financial and emotional toll. In 2024, 373,000 Alzheimer's caregivers in North Carolina provided 723 million hours of unpaid care, valued at nearly $11 billion. Families bear 70% of the lifetime…
Farm Talk Newspaper
Caregivers Face Financial, Emotional and Career Impacts, Study Finds
(StatePoint) Two in five U.S. adults identify as family caregivers, but there is a lack of support for them nationwide, according to new research from Edward Jones in partnership with Morning Consult and Age Wave. With 46% of Americans expected…
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