Family Caregivers Deliver $1.01 Trillion in Annual Economic Value, AARP Reports

A new AARP report reveals that 59 million family caregivers in the U.S. contribute an estimated $1.01 trillion in annual economic value by providing unpaid care. The finding underscores the critical role of informal caregiving in the nation’s health and social infrastructure.

• 59 million family caregivers provide unpaid care in the U.S.
• $1.01 trillion in annual economic value is attributed to caregiver efforts.
• AARP released the report highlighting the economic impact of informal caregiving.
• Caregiver contributions are equivalent to the cost of replacing services with paid professionals.
• The report has no direct impact on financial markets or asset prices.
• Findings may inform future policy discussions on caregiver support and long-term care.