Baby Boomers Are Making Serious Financial Sacrifices to Be Caregivers, Data Shows
As baby boomers are aging, many are coming to terms with the harsh realities of being a caregiver. And a new report from the Bankers Life Center for a Secure Retirement shows that caregiving requires a world of sacrifice.
In a survey of middle-income baby boomers, 46% expect to become caregivers in the future. And 92% of those who expect to be caregivers are willing to make big lifestyle sacrifices to provide care to a loved one. But those sacrifices could take a toll, and in some cases, put boomers' finances at risk.
Not everyone is cut out to be a caregiver, but among boomers who are willing to sacrifice to step up to that role, here's what they're willing to give up:
Source Fool.com
