Family caregivers are shelling out more than $11,000 a year on average to care for loved ones, consuming nearly a third of their household income, according to a new study.The study, released Wednesday by AARP, found that caregivers spend an average of $11,508 annually out of pocket while caring for an adult relative or friend. That amounts to an average of 31% of household income.The financial burden is even greater for lower-income households.Caregivers with annual household incomes below $40,000 spend an average of 76% of their income on caregiving, the study found.ECONOMIST SAYS OBAMA 'FUN...
The cost of caring for a loved one is surging – and families are feeling the strain
HALO Newsroom
Oct 30, 2026 • 5 hours ago
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Wayne G Fraser
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