How Gen X Caregivers Can Get Financial Support for Family Care

As the burden of elder care grows heavier, Gen X is finding itself caught between generations—raising children while supporting aging parents. That balancing act has always been hard, but now it’s becoming financially unsustainable.

Recent data show that the cost of caring for older adults at home rose 5.6% in the past year, outpacing both nursing homes and adult day services (4.7%) and more than doubling the overall inflation rate (2.7%). The cost of home-based care is rising faster than nearly anything else in the household budget.

At the same time, caregivers are spending more of their own money to keep loved ones cared for. On average, family caregivers spend 26% of their personal income—about $7,200 a year—on caregiving costs, from medical supplies to home modifications. That doesn’t include the hidden expenses: gas for appointments, time off work, or the stress of doing it all without help.

The True Cost of Care

The financial impact of caregiving extends beyond just the bills. It’s also missed opportunities, lost income, and emotional strain. Too often, the people holding families together are doing so at the expense of their own stability.

How We See It

Caregiving is work—real, skilled, essential work. It deserves recognition, support, and pay. Rising home care costs and shrinking safety nets make this clearer than ever. If we want families to stay strong, we need to build systems that value the people who make that possible.

Our Commitment

We’re building Aidaly to be a resource for this generation of caregivers. That means helping people get paid for the care they already provide, connecting them to benefits and support, and advocating for policies that make family care a sustainable choice, not a financial risk.

If you’re part of the Gen X “sandwich generation,” you don’t have to shoulder this alone. Learn how Aidaly can help you get paid for the care you provide and find the support you deserve.

See if you qualify →

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