Help prepare future caregivers

Many future caregivers are unprepared for caregiving duties, time commitments, and costs. Preparing in advance can help ease their burdens.

Caregiving reality vs. expectations

As our population ages, many more people will provide care for loved ones, whether or not they’re prepared. For those who’ve thought about it, there’s a great disparity between what potential future caregivers think they’ll be doing and what current caregivers do.1 Many think caregiving will be much less demanding than it is.

  % of future caregivers who anticipate helping with this % of caregivers who help with this Difference
Household chores 45% 62% +17%
Companionship 43% 58% +15%
Transportation 39% 54% +15%
Financial support 25% 39% +14%
Shopping 51% 65% +14%
Nursing tasks 28% 41% +13%
Communicating with doctors 31% 43% +12%
Advocating with providers 21% 28% +7%
Meal preparation 53% 60% +7%
Getting dressed 25% 31% +6%

Future caregivers also significantly underestimate the amount of time they may spend providing care.

Current vs. anticipated hours per week spent caregiving


Current caregivers: 0-10 hours 52%, 11+ hours 48%. Future caregivers: 0-10 hours 63%, 11+ hours 39%.


Making your clients’ participants aware of the potential demands of caregiving—duties, time commitment, and emotional toll—can help them prepare for this challenge.

Future caregivers unprepared financially

Finances are the most daunting aspect for both current and future caregivers. Only half feel (or felt) very or somewhat financially prepared to be a caregiver.2

How prepared do (or did) you feel to become a caregiver?

Participants answered “Very or somewhat prepared” for the following categories:

Caregivers: physically 72%, time 65%, emotionally 60%, medical knowledge 57%, financially 52%. Future caregivers: physically 72%, time 70%, emotionally 66%, medical knowledge 64%, financially 53%.


Many caregivers said their financial situation was already in bad shape and was worsened by new caregiving costs.3

Help future caregivers boost financial wellness

Helping clients improve their overall financial wellness can better prepare them financially for caregiving. If they’re in good shape going into caregiving, they may be better able to handle additional costs. They also may want to set aside extra money in savings before caregiving duties start.

Budgeting and personalized financial wellness tools, such as Lincoln WellnessPATH®, can help future caregivers get their finances in order.

1 Lincoln Financial and Collage Group, Caregivers Attitude and Usage Research, January 7, 2020.

2 Ibid.

3 Ibid.