Alane Quien Realtor/Financial Advisor Crosby and Associates Realty 2021 73rd Ave Suite B Oakland, CA, 94621 Uinted States of America | Work: 209-389-4096 Mobile: 510-258-4371 Fax: 510-217-5967 alane_quien@yahoo.com  | |
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Wednesday, August 5, 2009
Bill Clinton Saves the Day
I was really touched to hear the new about the release of Laura and Euna back to the United States. Our former President Bill Clinton did a wonderful act by negotiating their release! Good job Pres. Bill Clinton and welcome home Laura and Enua!
Good Care Begins Early
Good Care Begins Early
Of the estimated 34 million Americans who are caring for older family members, more than half provide 40 or more hours of care per week.1
Unfortunately, caring for an aging family member can take a serious toll on the caregiver’s life, health, and financial future. People who put themselves in physical, emotional, and/or financial peril to care for an aging parent may do so because they were uncomfortable about exploring all the options, possibly out of fear of appearing disloyal or intruding on their parents’ privacy.
A financial professional can help open a dialogue about the family’s caregiving needs that helps preserve dignity and harmony while also coordinating decisions about common concerns such as which care options are appropriate, whether the parents should move, how to manage their property and possessions, how to handle legacy issues, and more.
The True Cost
Whether you are an aging parent or the child of an aging parent, it might help to understand the risks of doing nothing.
Caregivers have higher divorce rates and life expectancies that are, on average, 10 years shorter than those of their counterparts who do not care for aging family members.2
An estimated one in four caregivers has either quit or been fired from a job because of the demands associated with caring for a family member.3 Thirty-four percent of caregivers spend $3,600 or more out of pocket every year on caregiving.4 The loss of these funds could affect the caregivers’ own retirement goals or the ability to pay for their children’s education.
Despite these unfavorable side-effects to caregiving, 63% of caregivers still do not have a plan to pay for the cost of caring for their aging parents.5
Aging parents might be reluctant to talk about whether they need care because they fear a loss of control or because they don’t want to become a burden to their children. Ironically, people who avoid important discussions because they don’t want to be a burden are sowing seeds for even greater troubles because they are forestalling preparation and ignoring the risks associated with aging, possibly until it’s too late.
1, 3–5) InvestmentNews, September 1, 2008
2) Journal of Financial Planning, December 2008
The information in this article is not intended as tax or legal advice, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek tax or legal advice from an independent professional advisor. The content is derived from sources believed to be accurate. Neither the information presented nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. This material was written and prepared by StoneRiver–Emerald. © 2009 StoneRiver, Inc.
Of the estimated 34 million Americans who are caring for older family members, more than half provide 40 or more hours of care per week.1
Unfortunately, caring for an aging family member can take a serious toll on the caregiver’s life, health, and financial future. People who put themselves in physical, emotional, and/or financial peril to care for an aging parent may do so because they were uncomfortable about exploring all the options, possibly out of fear of appearing disloyal or intruding on their parents’ privacy.
A financial professional can help open a dialogue about the family’s caregiving needs that helps preserve dignity and harmony while also coordinating decisions about common concerns such as which care options are appropriate, whether the parents should move, how to manage their property and possessions, how to handle legacy issues, and more.
The True Cost
Whether you are an aging parent or the child of an aging parent, it might help to understand the risks of doing nothing.
Caregivers have higher divorce rates and life expectancies that are, on average, 10 years shorter than those of their counterparts who do not care for aging family members.2
An estimated one in four caregivers has either quit or been fired from a job because of the demands associated with caring for a family member.3 Thirty-four percent of caregivers spend $3,600 or more out of pocket every year on caregiving.4 The loss of these funds could affect the caregivers’ own retirement goals or the ability to pay for their children’s education.
Despite these unfavorable side-effects to caregiving, 63% of caregivers still do not have a plan to pay for the cost of caring for their aging parents.5
Aging parents might be reluctant to talk about whether they need care because they fear a loss of control or because they don’t want to become a burden to their children. Ironically, people who avoid important discussions because they don’t want to be a burden are sowing seeds for even greater troubles because they are forestalling preparation and ignoring the risks associated with aging, possibly until it’s too late.
1, 3–5) InvestmentNews, September 1, 2008
2) Journal of Financial Planning, December 2008
The information in this article is not intended as tax or legal advice, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek tax or legal advice from an independent professional advisor. The content is derived from sources believed to be accurate. Neither the information presented nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. This material was written and prepared by StoneRiver–Emerald. © 2009 StoneRiver, Inc.
Alane Quien Realtor/Financial Advisor Crosby and Associates Realty 2021 73rd Ave Suite B Oakland, CA, 94621 Uinted States of America | Work: 209-389-4096 Mobile: 510-258-4371 Fax: 510-217-5967 alane_quien@yahoo.com | |
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| Visit MyBlogLog and get a signature like this! | ||
Sunday, August 2, 2009
Welcome to Iced Java Now
Have fun, jump in talk about what's on your mind. I'ts what you want, as long as its clean, good fun! absolutely no adult or pornographic material on this blog. Anyone posting inappropriate material will be deleated and banned!
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