For National Family Caregivers Month, we review Merrill Lynch’s just-released 42-page Caregiving Study Report, entitled, The Journey of Caregiving: Honor, Responsibility and Financial Complexity. While we often think of caregiving as hands-on care, surprisingly, 98% of family caregivers surveyed provide emotional and social support. Only 64% report providing hands on physical care. Over 2,000 family caregivers in the U.S. were surveyed in partnership with Age Wave. The study authors were struck by the number of caregivers (92%) who help with financial caregiving; yet, 75% have not discussed the topic with their families (page 24). Few are prepared to help […]