By Marlo Sollitto, Agingcare.com
Caregivers are often so focused on managing their parent’s health and financial needs that they don’t even think about their own future needs. Although your focus is on providing care for your loved one, it’s important to think about and prepare for your own future financial and caregiving needs. If you haven’t done it already, now is the time to start planning for own your retirement.
“It’s hard to find the time, but planning for your financial future is a necessity,” says Erika Mielke, a Wells Fargo Private Bank senior wealth planning strategist (wellsfargoprivatebank.com)”Thinking about the dollars and cents of your own retirement is the best way to ensure you have the funds you need as you age.”
Financial Planning Tips for Caregivers originally appeared on AgingCare.com.