PHOENIX (AZFamily) – A newly released AARP study found family caregivers now spend, on average, $11,508 out of pocket each year to take care of a loved one.
The study found that this is up 60% from five years ago, which is more than double the rate of inflation.
“It absolutely is a wake-up call,” said Dana Kennedy, state director for AARP Arizona.
Arizona families face budget strain
Kennedy said many Arizonans are being put in a tough position. She said they are straining their family budgets to avoid hiring a professional caregiver…