Wednesday, July 3, 2013

AARP says that 1 out of 4 Retired Early to Care for a Spouse

One-in-5 employees age 45-74 say they expect to take time off of work to care for a spouse, a parent or relative in the next five years, AARP officials say.

An AARP report, "Keeping Up with the Times: Supporting Family Caregivers with Workplace Leave Policies," also said 1-in-4 retirees said they left the workforce earlier than planned to care for an ill spouse or other family member.

"The aging of the population, changing workforce demographics and increasing demands on family caregivers are colliding at the expense of working caregivers," Lynn Feinberg, senior strategic policy adviser with the AARP Public Policy Institute and author of the report, said in a statement.

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