Family caregiving more prominent in lower income households
August 1, 2011
The findings of the Gallup-Healthways Well-Being Index were recently released, and they show that more than one in 10 working Americans also spend time caring for aging or disabled loved ones. Researchers surveyed more than 200,000 U.S. workers who are employed either full- or part-time between January 2010 and June 2011. The largest population of family caregivers is between the ages of 45 and 64, with 22 percent caring for relatives or friends.
The survey also revealed that low-income individuals with less education are more likely to act as caregivers for loved ones, with 21 percent of people who earn less than $36,000 annually caring for family members, compared to only 15 percent of those who earn more than $90,000 per household.
Caring for loved ones can be expensive, especially if it interferes with a regular job. One way to save money could be to invest in a senior alert systems, which can produce a quick medical response in the event of an injury. This may lower the risk of serious injuries, which could come with hefty medical bills.