By the Numbers: 27 November 2023
$11,500
The average amount spent on "out-of-pocket costs related to caregiving each year" by family members and others "who provide care for veterans," according to AARP and the National Alliance for Caregiving. This is "1.5 times higher than what other family caregivers spend ($7,242)." Also, "43 percent of veteran and military caregivers experienced at least one financial setback such as having to take on more debt or dip into personal savings."
$11,500
The average amount spent on "out-of-pocket costs related to caregiving each year" by family members and others "who provide care for veterans," according to AARP and the National Alliance for Caregiving. This is "1.5 times higher than what other family caregivers spend ($7,242)." Also, "43 percent of veteran and military caregivers experienced at least one financial setback such as having to take on more debt or dip into personal savings."