Being a family caregiver is a labor of love that comes with a lot of responsibilities. While it’s hard to put a price on caring, it also comes with some real out-of-pocket costs for you. AARP research shows family caregivers spend close to $8,000 per year of their own money caring for family members who are aging, ill, or living with disabilities. You may be picking up groceries, helping with housework, or making trips to the doctor or pharmacy: all the little things add up. Having a clear picture of what’s involved— whether it’s your care recipient’s health, housing, or finances—lets you plan ahead and make the juggling act a little easier.
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