Study Finds Older Caregivers Have Poorer Health, Finances
Older caregivers who provide care to a parent while working are more likely than other workers of similar age to report medical problems, including chronic disease and depression, according to a study by MetLife Mature Market Institute, the National Alliance for Caregiving and the Center for Long Term Care Research & Policy at New York Medical College. The study also found that caregivers ages 50 and older lose an average of $303,880 per person in wages, pensions and Social Security benefits over a lifetime from stopping work early to care for a parent.
- "Toll of Caring for Elderly Increases" (Greene, Wall Street Journal, 6/14).