How To Financially Prepare For The Role Of Caregiver

Did you know that almost 1 in 4 women over 55 provide unpaid caregiving? (Source: Dept. of Labor)

That means a large percentage of us will take on the role of caregiver at some point, whether it’s for aging parents, a spouse or even grandchildren.

The financial impact can be significant, so it's important to be prepared.

In this video, I walk you through practical steps you can take to be more prepared, such as understanding your current financial situation, looking into long-term care insurance, setting up an emergency fund and making sure your retirement savings are on track.

If you’d like to discuss how caregiving fits into your financial plan, or if you have any other questions, please don’t hesitate to reach out to me. I’m here to help you plan for whatever comes your way.