Impact of caregiving on savings is an overwhelming concern
One in four caregivers for sick or elderly family members and friends say they suffer from depression, while just 9 per cent of all Americans do, according to a new study reported in Reuters. The survey was done by Caring.com, a California-based website for caregivers that commissioned an online survey of 400 people. They also found that one-third of family caregivers spend more than 30 hours per week in that role, and 77 per cent are worried about the impact of caregiving on their savings.