AARP Multicultural Survey July 2001
F. How Care Taking Impacts the Sandwich Generation s Lives: Adjusting and Coping with Family Demands
1. Consequences of Providing Care
Older boomers know that caring for their own parents and in-laws is neither easy nor free, and many eventually adjust their own lives around their loved ones’ needs. For details, we inquired further among those who provide financial support or other care to their older relatives as well as those who perform any of the tasks identified in figure 9. Ninety-two percent of the respondents fall into this expansive definition of caregivers. Specifically, we asked how their involvement with eldercare has affected their own lives. The results appear in figure 10 and table 30.
Most often, older boomers indicate that older relatives’ care needs have affected their own vacation plans (29%). A nearly comparable proportion (26%) note that caregiving considerations influenced their own retirement savings plans. For 21 percent, such responsibilities were a factor in residential location choices.
Whether one assists older family members is evidently less influential on other types of decisions. Few caregivers have adjusted their own educational (12%) or career plans (8%). Similarly, such responsibilities do not seem to bear on home type selections or whether a family decides to have or adopt a child.
Prepared for AARP by Belden Russonello & Stewart and Research/Strategy/Management Page 58