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Women Caregivers Quit Jobs, Face $80K Elder Care Costs

4/29/2026

50 8 Full Breakdown

Summary

Story summary

Allison Hale quit full-time work to care for aging parents, spending $9,000 monthly on travel and depleting $60,000 savings.
Informal caregivers, 61% of whom are women, provide 75-80% of elder-care hours and cost U.S. women $295,000 in lost wages and retirement savings.
In 2025 median assisted-living cost was nearly $80,000 per year, while Hannah (laid off in 2023) says any job would still pay less than a nursing-home room.

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Story summary

Allison Hale quit full-time work to care for aging parents, spending $9,000 monthly on travel and depleting $60,000 savings.
Informal caregivers, 61% of whom are women, provide 75-80% of elder-care hours and cost U.S. women $295,000 in lost wages and retirement savings.
In 2025 median assisted-living cost was nearly $80,000 per year, while Hannah (laid off in 2023) says any job would still pay less than a nursing-home room.