Americans across the country are helping older adults with day-to-day tasks – the National Family Caregivers Association states that there are approximately 65 million caregivers in the United States.
A new survey released by Caring.com has recently shed light on just how taxing this duty can be, especially when it comes to finances. A total of 74 percent of respondents said that they had to either change their job or stop working in order to keep caring for a senior. Additionally, 42 percent are spending more than $5,000 each year on this responsibility.
More than half (60 percent) are concerned about how much their responsibilities are affecting their savings.
It can often be hard to juggle work and caregiving at the same time, but one device that may help is a senior alert system. By installing this safety feature in a home, family caregivers can guarantee that older adults can immediately send a medical alert to them if they require assistance.
This device could also help ease one's fears about an older adult's health, which could be helpful for many, as 69 percent of respondents also said that caregiving was their number one source of stress.