"While it's one thing to cut back on discretionary spending and travel, it's another thing to reduce one's working hours or stop working completely. Either move could result in some serious financial upheaval.
Another disturbing stat? An estimated 30% of middle-income baby boomers who are already caregivers have taken withdrawals from their retirement savings to pay for healthcare expenses.
VA Caregiver Support Resources
- Locate your local Caregiver Support Staff: https://www.caregiver.va.gov/supportNew_CSC_Page.asp
- Caregiver Support Line: 1-855-260-3274
Building Better Caregivers – https://va.buildingbettercaregivers.org