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Title: Caregiving, Health Status and Total Family Net Worth Among Men and Women Approaching Retirement Age
Resulting in 1 citation.
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DeRigne, LeaAnne Porterfield, Shirley Quinn, Linda Tedor, Miyuki Fukushima Stoddard-Dare, Patricia Bai, Rong Collins, Cyleste |
Caregiving, Health Status and Total Family Net Worth Among Men and Women Approaching Retirement Age Community, Work and Family published online (28 March 2022): DOI: 10.1080/13668803.2022.2055997. Also: https://www.tandfonline.com/doi/full/10.1080/13668803.2022.2055997 Cohort(s): NLSY79 Publisher: Carfax Publishing Company ==> Taylor & Francis Keyword(s): Caregivers, Adult Children; Disabled Workers; Health, Chronic Conditions; Net Worth Permission to reprint the abstract has not been received from the publisher. Background and Objectives: Building on opportunity cost theory and an understanding of how gender impacts household labor decisions, this study examines how family net worth may be impacted by three variables (having a work-limiting health condition, caregiving inside the home, caregiving outside of the home) while controlling for demographic and employment-related variables for married and unmarried male and female caregivers. Research Design and Methods: This study uses a nationally representative sample of 5,173 older adults ages 51-60 from the 2016 round of 1979 National Longitudinal Survey of Youth (NLSY79). Results: Findings from the weighted sample suggest having a limiting health condition is significantly and negatively related to total family net worth: people with a work limiting health condition experience a $55,000-$180,000 decline in total family net worth. Further, caregiving inside the home had a significant negative relationship with total family net worth for two subgroups: married males and unmarried females. Providing care to someone outside the home was significantly and positively related to total family net worth only for unmarried males. |
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Bibliography Citation
DeRigne, LeaAnne, Shirley Porterfield, Linda Quinn, Miyuki Fukushima Tedor, Patricia Stoddard-Dare, Rong Bai and Cyleste Collins. "Caregiving, Health Status and Total Family Net Worth Among Men and Women Approaching Retirement Age." Community, Work and Family published online (28 March 2022): DOI: 10.1080/13668803.2022.2055997.
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