ICMM Announces Grant to Brookings Institution to Support Research on the Economic Burden of Unpaid Caregiving
Unpaid caregivers provide essential support to older adults, individuals with disabilities, and families, yet this role often comes with substantial financial consequences. Caregivers frequently experience reduced labor force participation, lower lifetime earnings, higher out-of-pocket costs, and diminished retirement security. This research aims to generate rigorous empirical evidence to better understand and quantify the economic impacts of unpaid caregiving. - February 26, 2026
The Effect of Physical and Mental Health on Financial Well-Being
The Institute of Consumer Money Management (ICMM), a nonprofit public charity organization based in North Carolina funded a study to explore the Link between Physical and Mental Health and Financial Well-Being. A new literature review, titled, "Literature Review on the Effect of Physical and... - March 25, 2023