Almost half of the people caring for loved ones with Alzheimer's disease are sacrificing their own financial security to do so, and many are setting aside their own basic needs, a new nationwide survey shows.
According to the Alzheimer's Association's 2016 Alzheimer's Disease Facts and Figures report, many caregivers put off their own medical care, sell their cars to raise money, draw from funds meant for their kids' education, and even cut back on food to support a loved one with Alzheimer's.
On average, the report found they spent more than $5,000 a year of their own money to care for someone with Alzheimer's disease, but amounts varied widely and some spent far more.