Support Aging Parents

In this post, I want to share with you three important legal papers your parents should prepare as they age. Aside from talking to your parents about money, this is probably another very awkward conversation.

However, it’s better to have this awkward discussion now than when your parents are at the hospital or god forbid, their mental health has declined to a point where they can’t ‘legally’ make decisions for themselves. By thinking ahead and preparing now, you are taking care of your family in the future; your parents, yourself and your children.

Legal Documents For Your Aging ParentsRead More

If you’ve never discussed money with your parents before, this would probably rank as one of the most awkward conversations you will ever have.

However, if you don’t have the conversation now, sooner or later you will have to.

The difference is, are you having the conversation due to an emergency or are you having the conversation because you and your parents want to plan for the future?

Talking To Your Aging Parents About MoneyRead More

What is long term care? If you are young and healthy, it’s probably a term you are not familiar with.

It’s because people who need long-term care are oftentimes individuals who have health conditions that require assistance with daily activities. Likely candidates are our aging parents.

In this post, I want to share with you an overview of what is Long-Term Care and some options that you want to start thinking about for your aging parents.

What Are Long-Term Care Options For Your Aging Parents?Read More

You might have read or heard of people being scammed. Or you might know someone close to you who’s been scammed. But how about your aging parents?

Did you know that older individuals are oftentimes the primary targets of scams and frauds?

In this post, I want to share with you reasons why older adults are especially vulnerable to scams and three ways you can help your aging parents, so they don’t become victims themselves.

Help Your Aging Parents Avoid ScammersRead More

Financial concerns are often times the number one concerns for the Sandwich Generation.

A recent market watch article talks about how 23 percent of baby boomers haven’t saved anything for retirement. It’s possible that our parents could be one of them!

As the Sandwich Generation you’re not only needing to manage your own finances, but you also have to manage the cost of your children as well as your parents.

There is no perfect solution to this challenge but I want to share with you three strategies that my wife and I have deployed to tackle these challenges.

Mom And Dad Didn’t Save For Retirement!Read More

The term “Sandwich Generation” was first introduced to the social work and gerontology communities in the early 1980’s to describe adults who were sandwiched between raising their children while taking care of their aging parents.

Today, the Sandwich Generation make up a sizable population. I can only speculate this number will grow in the near future as people live longer and college graduates struggle with career search overburdened by student debt.

Are You A Sandwich Generation?Read More