Family Caregivers Take a Financial Hit

Women caregivers are twice as likely than non-caregivers to end up in poverty.  On average, women caregivers lost in excess of $300,000 in lost wages, Social Security, and retirement benefits over a lifetime.

 

This graphic, courtesy of the Women’s Institute for a Secure Retirement, highlights the financial hardships family caregivers have endured  while being absent from work to care for their loved ones.

 

Source: Women’s Institute for a Secure Retirement

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Ogorek Wealth Management, LLC

Ogorek Wealth Management, LLC