Family caregivers are spending an average of $11,508 a year out of pocket to care for loved ones, eating up about a third of their annual household income.
The financial hit is even steeper for those caring for someone with Alzheimer's or dementia, who shell out an average of $15,846 annually, according to a new AARP study.
Nearly two-thirds of working caregivers say the burden has affected their jobs, and some are borrowing money or draining retirement savings just to keep up.
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