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AARP: Families Provide $450B in Unpaid Care

One in four adults caring for a family member at home

By Sarah Whitmire,  Newser Staff

Posted Jul 19, 2011 4:04 PM CDT

(Newser) – About one in four US adults provided unpaid care for a sick or disabled family member at home in 2009, and AARP estimates the dollar value to be $450 billion, the AP reports. These 42.1 million people provided an average of 18.4 hours of care per week, up 9% from the previous study in 2007. Instead of seeing themselves as "caregivers," they “describe what they do in terms of their relationship with the other person: as a husband, wife, partner, daughter, daughter-in-law, son, grandson, niece, or close friend, for example," said the study.

The study found the average caregiver to be a 49-year-old woman who still works a full-time job and cares for her mother about five years. "The 2009 estimate of the value of family caregiving is conservative," the study said, "because it does not quantify the physical, emotional, and financial costs of care."

In-home caregiving is a sacrifice valued at $450 billion across the US in 2009.
In-home caregiving is a sacrifice valued at $450 billion across the US in 2009.   (Shutterstock)
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COMMENTS
Showing 3 of 16 comments
vjh
Jul 19, 2011 10:26 PM CDT
How many of us would want to burden our children with caring for us? Changing our diapers, never having a night out or vacation, not being able to save for their own retirement because of the expense?   I would never ask that of my children.  They do not owe me a thing. They can either put my in a home (I may hate it, but too bad) or help me "get into the medication."  When it comes time when I need help to do basic personal care.. I want to check out. 
Chitrix
Jul 19, 2011 8:57 PM CDT
You will not see a MAJORITY of retirees at GOP conventions nor at the Tea Party Rallies, the simple reason is they can't afford to both eat and to purchase the medications needed to survive. The GOP would like to see all but rich elderly dead and forgotten, they forget to quickly the elderly are the reason this country is or was onc3e a great country Due to political mismanagement of both parties but primarily the GOP with their Trickle Down Economics and Tax cuts and exemptions to the rich this country is going down the toilet The GOP pushed the move to allow American Companies go overseas to build products and then send them back to the US at a low tax rate or no tax at all and if a move is made to tax theses companies the move is quashed by bought off Republicans and Democrats alike You have a choice, dump theses pigs and put real working people in office to do the job or continue to watch this country circle the drain as it goes down the toilet Burn it all down and start over, put people in office who remember where they came from
guvner
Jul 19, 2011 7:32 PM CDT
And how much do parents spend to raise children?
 

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