Gen Z Caregivers Face Significant Financial Strain, Seek Support Resources
Gen Z individuals, born between 1997 and 2012, are increasingly taking on caregiving responsibilities for aging parents or grandparents, often while still in school or early in their careers. This caregiving role imposes substantial financial burdens beyond direct expenses, including lost work hours, missed promotions, and depleted savings. According to a 2025 report by AARP and the National Alliance for Caregiving, one in four Americans provides ongoing care, with 18% of these caregivers being between 18 and 34 years old. A LogicMark survey indicates that 62% of Gen Z caregivers report their duties negatively impact job performance, and 50% state it harms personal relationships. The financial impact is profound, with nearly half of family caregivers experiencing at least one negative financial consequence, such as stopping savings (31%), using short-term savings (24%), or incurring more debt (23%). Many also reduce work hours or shift from full-time to part-time employment.
