Hardest hit are Latino and low-income family caregivers who are spending an average 44 percent of their total annual income to care for aging relatives. On average, family caregivers spend $6,954 in out-of-pocket (OOP) expenses. Family caregivers report dipping into savings, cutting back on personal spending, saving less for retirement, or taking out loans to make ends meet. More than half of family caregivers reported a work-related strain such as having to take unpaid time off. And for those wondering, caregiving relief was barely discussed in the recent presidential election.

Source: Huffington Post November 14, 2016 05:04 UTC