Family Caregivers Count

In honor National Family Caregivers Month (November), we’ve launched two campaigns to help family caregivers count:

1. “A Dollar A Day, Every Day, for My Future.” Long-term care costs continue to increase* as family caregivers lose an estimated $3 trillion in wages, pension and Social Security benefits.** How will today’s family caregivers going to pay for their own care? How will a family caregiver today, tapped out financially because of the costs of caregiving and the impact of a recession, have any money to pay for the care they may need in our future? To help family caregivers plan for their future, Caregiving.com has launched an initiative: “A Dollar A Day, Every Day, for My Future.” The initiative asks family caregivers to put away a dollar every day for their future.

(Take out an envelope right now and write on it: “A Dollar A Day, Every Day, for My Future.” Then, put $1 (or four quarters or 10 dimes) in that envelope every day. When you save $100, open up a back account. Make a deposit every week. Do it for the rest of your life.)

2. Family Caregiver Database: To capture demographics about family caregivers, their health and their experience, Caregiving.com has launched a Family Caregiver Database. Persons caring for a family member or friend can add their details to our Family Caregiver Database here.

*Costs rose 4.4% or greater for those requiring long-term care in the U.S.,according to the newly released 2011 MetLife Market Survey of Nursing Home, Assisted Living, Adult Day Services, and Home Care Costs conducted by the MetLife Mature Market Institute.

**Americans who provide care for their aging parents lose an estimated three trillion dollars in wages, pension and Social Security benefits when they take time off to do so, according to “The MetLife Study of Caregiving Costs to Working Caregivers: Double Jeopardy for Baby Boomers Caring for Their Parents.” Produced by the MetLife Mature Market Institute in conjunction with the National Alliance for Caregiving and the Center for Long Term Care Research and Policy at New York Medical College, the study reports that individually, average losses equal $324,044 for women and $283,716 for men. The percentage of adults providing care to a parent has tripled since 1994.

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10 Comments on "Family Caregivers Count"


Guest
Bella
Nov 1, 2011

Have you ever been a caregiver for real – we raid the cookie jar (not envelope) for out of pocket costs and emergency expenses. Suggesting we put away a dollar a day is not a campaign, its an insult.

Guest
Nov 1, 2011

Bella, I think we have all probably gone through real tough financial times when having an extra dollar every day seemed impossible. I’ve been there, I’ve wished I had an extra dollar a day. It’s an awful, awful feeling to wonder how you’re going to pay for an emergency or other out of pocket expenses. Eventually, we get through those tough times (although it doesn’t seem like it at the time). This dollar a day idea may not work for you right now but that doesn’t mean it’s not a great idea or good goal to work towards. I have my envelope in my purse and have been adding to it.

I’m not sure how long you’ve been on the site but Denise works tirelessly to help caregivers and would never insult any caregiver or caree. She is not getting rich off of this life’s work of hers. She created and nurtured this supportive site and has helped countless people. I hope you continue to read and enjoy the education and resources Denise provides. Just please remember the caregivers here are very supportive of each other and of Denise. Please don’t suggest Denise is doing anything other than looking out for the caregiver and caree and has them safely in her heart.

I think if you take a look at the site and the things Denise does, you’ll understand what I’m saying.

Guest
Bette
Nov 1, 2011

Oh my, I don’t look at this as an insult at all.

I wish someone had cared enough about me nine years ago (when I became a caregiver) to suggest something like this.

I look at the dollar – the saving – the setting aside – in two ways. If I am looking at it short term for my emotional health – one year of a dollar a day, is enough for twenty hours of help.

Longterm (as you’re suggesting) setting aside a dollar a day, for ten years could contribute to our retirement fund – something I’ve never been able to do; something we thought (prior to caregiving) we would both do. To sacrifice one dollar a day is worth thousands.

Denise, your insight for caregivers is beyond anything I’ve ever experienced. Thank you for continuing to piece the caregiving puzzle together for each of us.

On tonight’s show I so appreciated your sensativity that caregivers may not feel like they have a “Saturday or Sunday” – a change from the daily routine. I’ve never had that phrased to me this way. Just hearing it, will give me a Saturday. (: Thank you.

In all you do, in all you stand for, you always think about the caregiver. What a wonderful advocate you are for us. I’m so proud to know you and to be a part of the family you’ve created here at Caregiving.com.

Guest
G-J
Nov 2, 2011

I like the idea of saving $1 a day. Whether or not someone actually does it, even thinking about it gives them a chance to think about their own future. Personally, saving $1 a day or a week will do more for me than writing on a doctor’s form that I am a caregiver. Doctors don’t know what to do with that information.

I love the support I receive here at Caregiving.com. It has been the best source of help that I have found in caregiving.

Guest
Jane
Nov 2, 2011

I saw Bella’s comment yesterday and I refrained from responding because I didn’t want to be rude while sticking up for Denise. I will only say that I absolutely agree with both Bette and G-J and couldn’t have said it better myself.

If it wasn’t for Denise and this group I don’t know where I would be.

Hugs:o)
Jane~mom to Nicole, 17 yo, VSD, PAH, Eisenmenger’s, BHJS