AARP Hearing Center
Key takeaways
- Nearly 17 million Americans balance care for children and adults.
- Sandwich-generation caregivers report greater physical, emotional and financial strain.
- Doctors say many older adults should consider the RSV vaccine this fall.
Summary
Sandwich-generation caregiving and RSV vaccine guidance are among the topics highlighted this week. New research from AARP and the National Alliance for Caregiving estimates that 17 million Americans are caring for both a child and an adult with a disability or medical condition, with many also managing work responsibilities. The study found these caregivers face higher levels of physical, emotional and financial strain than other family caregivers.
The update also notes a Federal Reserve rate increase that could benefit savers while making borrowing more expensive. In addition, doctors recommend that many older adults consider adding the RSV vaccine to their fall vaccination plans, citing CDC estimates of hospitalizations among adults age 50 and older, as well as studies showing strong protection against severe disease.
The key takeaways and summary were created with the assistance of generative AI. An AARP editor reviewed and refined the content for accuracy and clarity.
Full transcript
[0:00:04] A new report shows nearly one in three caregivers of adults are part of the
[0:00:08] sandwich generation, caring for both a child and an adult with a disability
[0:00:13] or medical condition at the same time.
[0:00:16] Research from AARP and the National Alliance for Caregiving estimates 17
[0:00:21] million Americans are juggling caregiving responsibilities across generations,
[0:00:26] with most also balancing a job.
[0:00:29] The study found that sandwich generation caregivers experience higher levels
[0:00:34] of physical, emotional and financial strain than other family caregivers.
[0:00:41] The Federal Reserve has raised its benchmark rate for the first time in
[0:00:44] three years, raising the federal funds rate to the 3.75 to 4% target range.
[0:00:51] This could be good news for savers as money in high interest yield accounts,
[0:00:56] money markets or short-term certificates of deposit could see higher returns.
[0:01:01] But borrowing could become more expensive with credit cards, mortgages and auto
[0:01:06] loans likely seeing an increase in rates.
[0:01:11] Doctors say many older adults should consider adding the RSV
[0:01:15] vaccine to their fall vaccine plans.
[0:01:17] Up to 180,000 U.S. adults aged 50 and older are hospitalized from
[0:01:23] the respiratory syncytial virus, or RSV, each year, estimates the CDC.
[0:01:28] Studies show the vaccine is nearly 80% effective at preventing severe disease.
