Caregiving and finances: it’s all in the family

Out of pocket expenses, money management and paying for care

1 Age Wave/Merrill Lynch, The Journey of Caregiving: Honor, Responsibility and Financial Capacity, 2017.

2 AARP, Family Caregiving, Financial and Legal, Surprising Out-of-Pocket Costs for Caregivers, October, 2019.

3 AARP, Money, Older Americans Hit Hard by Financial Fraud, February, 2019 (citing Study of Elder Financial Abuse: Crimes of Occasion, Desperation, and Predation Against America’s Elders, MetLife Mature Market Institute, 2011).

4 Genworth, Cost of Care Survey, 2019

5 World Population Review, Filial Responsibility By State 2020,

6 Family Caregiver Alliance, 2020 (citing Study of Caregiving Costs to Working Caregivers, MetLife Mature Market Institute, 2011).

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GE-3216693 (10/2020) (Exp. 10/2024)