3 in 10 Women Are Caregivers. But It Doesn't Have to Ruin Their Financial Future
When a friend or relative becomes injured or ill and requires care, it's often women who answer the call. A recent Transamerica survey found that approximately three in 10 women are currently serving as a caregiver or have done so in the past. This does not include parenting responsibilities. It's a selfless act that deserves recognition and admiration, but it is not without cost.
Caregiving often restricts women's abilities to participate in the workforce, hurting their incomes and their ability to provide for their own families. This can in turn make these women financially dependent upon others as they age if they're unable to set aside adequate funds for their future.
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Source Fool.com
