Slate Money Money Talks: The Cost of Caring
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Jan 21, 2025 Harold Pollack, a Helen Ross professor at the University of Chicago and co-author of The Index Card, shares his personal journey of navigating the financial challenges of caregiving after his brother-in-law came under his care. He discusses the hidden costs and gender dynamics associated with long-term caregiving. Pollack emphasizes the simplicity of financial wisdom through practical advice, while also addressing the emotional complexities faced by families and the need for better access to disability benefits. The conversation highlights urgent societal needs surrounding caregiving.
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Unexpected Caregiving
- Harold Pollack's family experienced a financial crisis when his mother-in-law died.
- They unexpectedly became responsible for his brother-in-law, Vincent, who has fragile X syndrome.
Gendered Caregiving Burden
- Pollack's wife, a nurse, bore the primary caregiving burden for Vincent, impacting her career.
- Society often overlooks the long-term care needs of intellectually disabled individuals beyond young adulthood.
Missed Opportunities
- Due to caregiving responsibilities, Pollack missed career opportunities, like networking dinners.
- This highlighted the gender disparities in academia, as women often face similar challenges.
