This statistic shows the percentage of caregivers in the U.S. who spent their own money on caregiving and had to make select financial sacrifices as a result of caregiving as of 2018. It was found that 41 percent of caregivers stated they had to dip into their personal savings to cover the expenses of providing care.
Percentage of caregivers in the U.S. who spent their own money on caregiving and had to make select financial sacrifices as a result of caregiving as of 2018
Characteristic
Percentage of caregivers
Dip into your personal savings to cover expenses
41%
Reduce how much you save for retirement
25%
Take out a loan, borrow from a friend or a family member, or assume other debts to cover expenses
18%
Reduce how much you put into educational savings for children or other family members
17%
Dip into your retirement savings to cover expenses
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AP-NORC. (October 15, 2018). Percentage of caregivers in the U.S. who spent their own money on caregiving and had to make select financial sacrifices as a result of caregiving as of 2018 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/946278/caregivers-financial-sacrifices-due-to-caregiving-us/
AP-NORC. "Percentage of caregivers in the U.S. who spent their own money on caregiving and had to make select financial sacrifices as a result of caregiving as of 2018." Chart. October 15, 2018. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/946278/caregivers-financial-sacrifices-due-to-caregiving-us/
AP-NORC. (2018). Percentage of caregivers in the U.S. who spent their own money on caregiving and had to make select financial sacrifices as a result of caregiving as of 2018. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/946278/caregivers-financial-sacrifices-due-to-caregiving-us/
AP-NORC. "Percentage of Caregivers in The U.S. Who Spent Their Own Money on Caregiving and Had to Make Select Financial Sacrifices as a Result of Caregiving as of 2018." Statista, Statista Inc., 15 Oct 2018, https://www.statista.com/statistics/946278/caregivers-financial-sacrifices-due-to-caregiving-us/
AP-NORC, Percentage of caregivers in the U.S. who spent their own money on caregiving and had to make select financial sacrifices as a result of caregiving as of 2018 Statista, https://www.statista.com/statistics/946278/caregivers-financial-sacrifices-due-to-caregiving-us/ (last visited December 21, 2024)
Percentage of caregivers in the U.S. who spent their own money on caregiving and had to make select financial sacrifices as a result of caregiving as of 2018 [Graph], AP-NORC, October 15, 2018. [Online]. Available: https://www.statista.com/statistics/946278/caregivers-financial-sacrifices-due-to-caregiving-us/
