Caregiving burdens impact finances and mental health in the US

Research indicates that caregiving for adult relatives imposes significant financial and emotional strain on Americans. An AARP survey found that approximately 59 million people provide unpaid care, with many facing substantial out-of-pocket costs. An Edward Jones study reported that caregivers for aging relatives spend an average of $8,737 annually, which can deplete retirement savings and increase debt levels.

In terms of political implications, a survey of voters aged 50 and older in competitive congressional districts showed strong support for caregiver-focused policies. Specifically, 77% of these voters expressed interest in candidates supporting tax credits for unpaid family caregivers, while 75% favored policies that help loved ones remain in their homes.

Beyond financial concerns, caregivers of individuals with Alzheimer’s disease and related dementias (ADRD) face heightened risks of depression, anxiety, and chronic illness. A pilot study involving the Roadmap mobile health app, developed at the University of Michigan, suggests that engaging in small, positive activities can help mitigate stress and improve mood for these caregivers.