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S3|E19: Financial Realities of Caregiving in America
In this episode, Dani and Kim are joined by Jin Woo Chung from the Financial Health Network to explore the financial realities of caregiving in America. For many workers, stepping away to care for a loved one means an immediate loss of income alongside new caregiving expenses. With many households already stretched thin, even a short leave can create significant financial strain.
We discuss the difficult tradeoffs caregivers often face, from reducing discretionary spending and retirement contributions to delaying preventive healthcare. Jin Woo also examines the uneven access to paid family…
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