Financial Planning for Family Caregivers

  • Home
  • NFCA
  • Allsup
  • Financial Planning Calculators

Reaching Out for Financial Help

Make the most of what you have—Get more of what you need

How can you set a value on what you do? For family caregivers in the United States, the American Association of Retired Persons (AARP) estimates their efforts were worth approximately $375 billion in 2007. In addition, the average family caregiver for someone 50 years or older spent $5,531 on out-of-pocket caregiving expenses in 2007—more than 10 percent of the median income for a family caregiver that year, according to AARP.

It’s clear that being a family caregiver can be financially challenging.  Allsup and the National Family Caregivers Association would like to help.
 
On February 24, 2011, we launched the family caregiver webinar, “Reaching Out for Financial Help: Make the most of what you have—Get more of what you need.” The webinar focuses on issues related to gaining control of someone else’s finances and included an opportunity to “Ask the Experts”— Allsup personal financial planning director, Paul Gada and Suzanne Mintz, NFCA CEO.
 
“The sooner you get control of your finances, the better chance you have to avoid financial pitfalls,” Gada said. “This webinar explains, in practical everyday terms, many of the legal and financial tools caregivers can use to make the most of what they have and get more of what they need.”
 

A live webinar took place Thursday, Feb. 24, 2011.  You may view the Financial Planning for Family Caregivers webinar on-demand at http://www.allsup.com/portals/4/webinars/financial-planning/player.html

   
 
ABOUT THE NATIONAL FAMILY CAREGIVERS ASSOCIATION NFCA-ORG 138 44


NFCA is the nation’s leading family caregiver organization. NFCA addresses the common needs and concerns of all family caregivers, regardless of their loved ones’ age or diagnoses in order to build their confidence and capabilities and help improve the quality of their lives.
 
ABOUT ALLSUP 
Allsup Allsup is a nationwide provider of Social Security disability representation and Medicare plan selection services. Founded in 1984, Allsup employs more than 700 professionals who deliver specialized services supporting people with disabilities and seniors so they may lead lives that are as financially secure and as healthy as possible. For more information, visit nfca.Allsup.com.

02/24/2011 | Permalink | Comments (0)

|

Toolkit

  • Advocacy Organizations Providing Direct Support
  • Download a Check List of Documents You'll Need
  • Financial Planning Calculators
  • Glossary of Financial Terms
  • Locating Benefits
  • Locating Food Assistance
  • Locating Free or Subsidized Health Care Services and Prescription Medications
  • Locating Insurance Information and Assistance
  • Many Thanks to our Advisors
  • Questions to Ask an Elder Law Attorney
  • Sources for Financial and Legal Information and Assistance
  • Financial Planning for Family Caregivers
  • NFCA
  • Allsup