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Caring for Caregivers – InvestmentNews

Delmar by Delmar
March 17, 2021
in Caregivers
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Caring for Caregivers – InvestmentNews
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Episode Summary

Women are greater than twice as possible than males to turn out to be caregivers in some unspecified time in the future of their lives. The calls for of caregiving can usually interrupt—or put an finish to—a lady’s profession, affecting her revenue, her financial savings and her future retirement safety. In this episode of the Retirement Repair Shop, Liz O’Donnell, writer and founding father of Working Daughter, a neighborhood for girls balancing eldercare, careers and extra, discusses how monetary advisers can help and information feminine purchasers as they juggle their caregiving duties.

Episode Notes

  • 02:00  – Background on Liz O’Donnell’s elder care expertise – what occurred, what it meant for her earnings potential
  • 05:30 – A primary expertise with a monetary advisor and the way it went mistaken vs. why a second expertise was higher
  • 12:00 – Guidelines for FAs when working with caregiver purchasers and the function the FA can play in coordinating
  • 19:30 – How trendy know-how might help FAs in these conditions, e.g. Zoom
  • 24:30 – Connecting with the opposite professionals who help caregiver purchasers
  • 28:30 – What goes into deciding on a care facility
  • 35:30 – Affording a care facility
  • 41:45 – COVID-19 impact
  • 44:30 – Approaching the discussions round this matter

This episode is sponsored by Transamerica

For extra info, and instruments on how one can help feminine purchasers on their journey to and thru retirement go to www.transamerica.com/women-and-investing

Transamerica

With a historical past relationship again greater than 100 years, Transamerica is a number one supplier of insurance coverage, retirement, and funding options, serving hundreds of thousands of consumers all through the United States. For extra info, please go to www.transamerica.com

 

Transamerica


Information and opinions contained on this interview have been arrived at by Transamerica. Transamerica and InvestmentNews settle for no legal responsibility for any loss arising from the usage of hereof nor make any illustration as to their accuracy or completeness. Any underlying analysis of study has been procured by Transamerica Capital for its personal functions and will have been acted on by Transamerica or an affiliate for its or their very own functions
Transamerica Resources, Inc. is an Aegon firm and is affiliated with numerous firms which embrace, however aren’t restricted to, insurance coverage firms and dealer sellers. Transamerica Resources, Inc. doesn’t provide insurance coverage merchandise or securities. The info offered is for academic functions solely and shouldn’t be construed as insurance coverage, securities, ERISA, tax, funding, authorized, medical or monetary recommendation or steering. Please seek the advice of your private impartial professionals for solutions to your particular questions.



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