Our country's 40 million unpaid family caregivers devote a large portion of their own money toward the care of their loved ones.
They're spending an average of $6,954 a year — nearly 20 percent of their income — on out-of-pocket (OOP) costs related to caregiving, according to a new AARP study, "Family Caregiving and Out-of-Pocket Costs: 2016 Report."
Hispanic/Latino and low-income family caregivers spend even more: an average of 44 percent of their total annual income.