New Study Finds $522 Billion Cost of Caregivers’ Sacrificed Time

Family caregivers in the U.S. spend an estimated 30 billion hours per year caring for older family and friends. That’s about $522 billion in care, according to a new RAND corporation study, as measured by valuing the time caregivers have sacrificed in order to be able to provide care. Replacing that care with unskilled paid care at minimum wage would cost $221 billion, while replacing it with skilled nursing care would cost $642 billion annually. An AARP study found nearly half of …

Caregiving Takes a Team

Ah — autumn! The crisp cool weather, the colorful leaves … and the smell of football is in the air. This time of year I’m reminded of the days of my youth when I spent countless hours watching my pop and brother practicing football in the backyard, watching high school games my brother starred in, and watching our beloved Buffalo Bills on TV. At a very young age, I was raised to be a football fan. In the years between …

The Financial Burden of Being a Family Caregiver

Caring for family or friends is not just a matter of love and time, it’s also a matter of dollars and cents. According to a new survey from Caring.com, nearly half of caregivers spend more than $5,000 per year — a whopping $25,000 over the average caregiving stint of five years. And many spend far more. Complicating things is the reluctance of caregivers to talk about finances: Seven out of 10 have not spoken with loved ones about how to …

Loving Long-Distance Grandparents Celebrate Grandparents Day

My grandparents were a big part of my life, even though they lived an eight-hour drive away. My parents have lived even farther away from most of their grandchildren. According to AARP’s 2012 grandparent study, we are not alone: 43 percent of grandparents have to travel 200-plus miles to see the grandchildren who live farthest from them. It was a challenge, but we spent most of our vacations with my grandparents. They also wrote us letters, and we talked regularly …

10 Tips for Caregivers From Caregivers

As I cared for my parents, helping them to live independently at home as they aged, I learned to listen to the learnings of other family caregivers. Recently, I shared 5 Tips for Caregivers and asked others for their views on our @AARPAdvocates Facebook page. The comments from fellow caregivers came flooding in. While I wish I could share them all, here are 10 tips from caregivers to caregivers: 1. Be patient. Nan: “Patience followed by more patience.” Rae: “Patience! Lots …

Jackson on the Job: Service Dog Plays Crucial Role in Caregiving Team

At less than a foot tall and under 25 pounds, Mr. Jackson might not seem like the powerhouse that he is in our family. His floppy ears and big brown eyes make him adorable, but it’s the intelligence and sensitivity that are apparent through those eyes that have made him my constant, loyal and vital partner in caregiving for my parents over the past five years. As caregivers, we all need to build a caregiving team - no one can do …