Child Care and Early Education Research Connections

Skip to main content

What is the lifetime employment-related cost to women of providing family care?

Description:

Women who provide care for children and adults who need it forgo an average of $295,000 in lifetime income. Our estimates of the lifetime employment-related costs to women of providing care, expressed in inflation-adjusted 2021 dollars, are based on simulations from Urban’s Dynamic Simulation of Income Model. Eighty percent of the cost ($237,000) results directly from lost lifetime earnings. That $237,000 represents 15 percent of what we project mothers would earn, on average, if they did not provide family care. The remaining 20 percent of lifetime costs results from lost retirement income from Social Security and employment-based retirement plans, which averages $58,000 over a lifetime. These findings highlight the importance of caregiver supports, such as affordable childcare, for women with young children. (author abstract)

Resource Type:
Fact Sheets & Briefs
Publisher(s):
Country:
United States

Related resources include summaries, versions, measures (instruments), or other resources in which the current document plays a part. Research products funded by the Office of Planning, Research, and Evaluation are related to their project records.

- You May Also Like

These resources share similarities with the current selection.

Lifetime employment-related costs to women of providing family care

Reports & Papers

The impact of the mortgage crisis on family child care providers and children in Providence

Fact Sheets & Briefs

Ready to Learn Providence is changing outcomes for children

Fact Sheets & Briefs
Release: 'v1.61.0' | Built: 2024-04-23 23:03:38 EDT