2014 North Dakota Caregiving and Financial Security Study Briefs Economic Security and Work

2014 North Dakota Caregiving and Financial Security Study Briefs

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(PDF) (PDF) (PDF) Most North Dakota registered voters 45 and older think they are doing about the same or better than expected financially. However, nearly one-third (32%) of respondents are generally worried about not being able to save enough money. North Dakota has the twelfth highest population of 65 and older residents in the nation, retirement matters for North Dakota. Learn: Key findings include: Over half of respondents are anxious about having enough money to live comfortably in retirement. Nearly one-third of employers do not offer any type of workplace savings. More than two-thirds of respondents without access to a workplace savings plan would take advantage if offered. Over half of respondents support a proposal to offer access to a North Dakota managed retirement plan. AARP North Dakota commissioned a telephone survey of 800 North Dakota registered voters age 45 and older to learn about their experiences with financial security, family caregiving, as well as their opinions on proposals to support family caregivers in the state. This report highlights results from registered voters interviewed between November 6 and November 16, 2014. The data in this report has been weighted by age, gender and geographic county of residence to reflect the North Dakota population of registered voters age 45 and older. For more information, contact Aisha Bonner at .

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Caregiving Comes with Financial Burdens

In 2016, family caregivers spent on average just under $7,000 per year, or an average 20% of their income, on caregiving expenses.

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