Today (Tuesday 9th July) we have released the findings of our State of Caring survey which show the huge personal and financial cost of caring unpaid for a loved one.
On top of providing tens of hours of care every week for family members or friends, more than two thirds (68%) of carers are using their own income or savings to cover the cost of care, equipment or products for the person they care for. As a result, many are struggling financially and are unable to save for their own retirement.
Two in five carers (39%) say they are struggling to make ends meet and more than half (53%) of all carers are unable to save for retirement.
The report is based on the results of our 2019 State of Caring Survey of over 7,500 people currently caring unpaid for family or friends, the majority of whom provide over 50 hours of care every week.
Read more in the full report here: carersuk.org/stateofcaring-report
Read the press release here