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Financial Issues

Topics within Financial Issues

Finances may be among the most difficult issues that seniors and their family caregivers face. Many situations complicate the financial lives of older adults and their loved ones. The recession, multi-generational living and fixed incomes, to name a few, can throw seniors and their families into turmoil and prompt them to search for solutions.

If you are a family caregiver facing a situation that is impacting your loved one's financial situation, you may need resources to help. Answers could be just around the corner.

Articles, Resources & Videos

Health Costs Most Significant Factor in Seniors' Well-Being

The health aspects of growing older have become an expensive proposition for seniors. That means older adults should be more motivated than ever to stay healthy. If your senior needs encouragement, consider a professional CAREGiver.

Caregiver stressed about finances

Family Caregivers Feel Financial Pinch

The economic downturn has had widespread effects on family caregivers, many of whom have had to dip into their savings to cover increases in expenses. Caregivers also are often finding it difficult to pay for their own basic necessities. Respite care can help family caregivers get back to work.

Trust Officers Can Help Manage Senior Care

Bank trust officers often serve as custodians for a senior adult’s finances. They typically are experts in dealing with estate planning issues.

Financial Plan Can Benefit Family Caregivers

Caregiving can be a burden for family caregivers. There are resources, such as your local Home Instead®, that can help alleviate the strain.

Seniors Working Longer After Recession

The recent recession has left many seniors in a financial quandary. If you are an older adult in such a position, why not consider a caregiving career?

Your Senior Parents’ Finances: How to ask the difficult questions and get real answers (CA)

Your Senior Parents’ Finances: How to ask the difficult questions and get real answers

Preparing financially for the final years may require continual reassessment of life situation and priorities. Discuss these tips from Genworth Financial with your loved ones to help orchestrate preferable circumstances as much as possible.

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