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The Price of Care: Trends in Financial Transfers to Aging Parents
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DOI:10.1016/j.jamda.2026.106341.png)
Abstract
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Rising eldercare expenditures and rapid aging of the US population have intensified pressures on families, who increasingly provide both direct “hands-on” care and financial support (“transfers”) to aging relatives. To elucidate how population aging is reflected in families’ financial caregiving roles, this study characterizes national trends in out-of-pocket financial transfers to parents.
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