00:00 Speaker A
Millions of Americans are family caregivers and it’s taking a financial toll. 95% of those caring for a family member are worried how it will affect their ability to retire. That’s according to a new study from Edward Jones. Here to discuss how caregivers can navigate their financial future is Vanessa Oraiway, principal at Edward Jones. So, Vanessa, this study found that nearly half of Americans expect to become caregivers. To give us some perspective here, what kind of financial strain does caregiving typically put on individuals and families?
00:42 Vanessa Oraiway
Yes, a lot. So what we’re finding is, you know, most people do have concerns about their financial futures when they’re caregivers. We’re finding that people have to reduce their hours at work. Some of them have to step out of the workplace full time, are taking on debt, dipping into their own personal…
