Many workers adjust jobs due to caregiving responsibilities

A recent survey shows that nearly 40% of workers have been caregivers for older relatives. Over 80% of these caregivers made work-related adjustments, such as missing days or reducing hours, impacting their employment and financial situations. The Transamerica Center for Retirement Studies report highlights the challenges caregivers face. While some employers are enhancing benefits for caregivers, many workers may not have access to these options. Medicaid remains the primary public program for long-term care, but potential cuts to the program are being discussed. Planning for caregiving is essential for families. Understanding that savings may be needed for care, exploring available resources, and discussing expectations with loved ones can help alleviate stress for caregivers.