EC-READ Project 4: The Hidden Costs of Care: Parental Dementia and its Impact on Work and Retirement

Adult children often serve as informal caregivers for parents with AD/ADRD, resulting in significant financial strain. This project explores how caregiving responsibilities affect decisions about work, retirement, and when to claim Social Security retirement benefits. The project will identify the characteristics of people who tend to assume caregiving responsibilities, such as variations in caregiving prevalence between adult sons and adult daughters; and how parental caregiving in turn affects their work, retirement, and claiming decisions.