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Caregiving is costly for careers, employment

Taking care of a loved one can be expensive, but a new study also says it can cause turmoil for the caregiver's professional life as well.

By Marlene Y. Satter | Updated on September 19, 2016
Taking care of a loved one can be expensive, but a new study also says it can cause turmoil for the caregiver's professional life as well. (Photo: iStock)

The cost to a caregiver of providing for a loved one’s needs is high — and not just in money.

That’s according to Caring.com’s “Caregiver Journey for 2016″ survey, which found the dollar cost is substantial to a caregiver: 42 percent of family caregivers say they spend $5,000 or more each year on caregiving-related expenses.

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