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Caregivingcan be expensive.
On average, AARP noted, those expenses come out to $7,242 a year.
1,334 adults in the United States 28 and older with household incomes of at least $75,000 were surveyed.
In fact, the survey found that on average, caregivers spend $338 per month on caregiving expenses.
On top of that, they might be bringing in less income.
Snyder was also quoted as pointing outlong-term care insuranceas a solution.
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