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ERIC Number: EJ961782
Record Type: Journal
Publication Date: 2010-Dec
Pages: 9
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-1366-8250
EISSN: N/A
Financial Well-Being of US Parents Caring for Coresident Children and Adults with Developmental Disabilities: An Age Cohort Analysis
Parish, Susan L.; Rose, Roderick A.; Swaine, Jamie G.
Journal of Intellectual & Developmental Disability, v35 n4 p235-243 Dec 2010
Background: Understanding how financial well-being changes through the life course of caregiving parents of children with developmental disabilities is critically important. Methods: We analyse SIPP (U.S. Census Bureau) data to describe income poverty, asset poverty, income, net worth, and liquid assets of US parents (N = 753) of children with developmental disabilities. Results: Income and asset poverty was greatest for the youngest and oldest parents. Liquid assets were relatively flat across cohorts, while net worth declined sharply for elderly parents. Income was highest among parents aged 45-54. Conclusion: These findings signal significant financial vulnerability among parents of children with developmental disabilities. Policy makers should consider targeted measures to improve the financial well-being of these parents, particularly the youngest and oldest. (Contains 2 figures and 1 table.)
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Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A