Managing caregiving costs could impact lifestyle
and retirement savings
Source for the Additional Money to Provide Care
Non-Experienced Caregivers
Reduce current living expenses
Withdraw money from my retirement savings
Work more hours
Get another job
Cash in stocks/ bonds
Sell property
Withdraw money from my non-retirement savings
Borrow against my home
Stop/ reduce contributions to non-retirement savings
Take out a personal loan from a bank/ lender
Stop/ reduce contributions to retirement savings
Borrow money from a friend
Other
Not Sure
Percentage of Monthly Budget
Allocated to Care
Experienced Caregivers
48%
27%
26%
20%
19%
16%
15%
12%
10%
10%
9%
2%
3%
13%
26%
Average Percent
BASE: ALL QUALIFIED EXPERIENCED CAREGIVERS (Experienced Caregivers n=899)
C6. Approximately what percentage of your current monthly budget goes to
providing care for aging family members or friends?
BASE: ALL QUALIFIED RESPONDENTS WHO ANTICIPATE PROVIDING CARE AND
ANTICIPATE INCURRING COSTS DOING SO (Non-Experienced Caregivers n= 239)
C3. Still thinking about any financial costs you would assume if you had to provide
care, where would this additional money come from?
11
.