"How do we manage the cost of care?" is a question that clients ask us with increasing frequency.
Whether they're planning for their future needs or currently caring for their aging parents, the Sandwich Generation is considering the rising costs of care as we are "sandwiched" between facilitating the needs of our children and the concerns of helping our elderly parents. We know that the future holds uncertainty for most families because they just haven't thought about planning for these unknown challenges until something happens. How do you plan for needs you don't know you have?
We met with Amy Osborne from Franklin Templeton* to discuss these concerns in our latest presentation The Hidden Costs of Aging. Amy takes us through the profile of aging, care and housing concerns, and the resources available to help formulate a plan. If you have any concerns on the costs of aging, this 30-minute video can be a great resource as you consider whether now might be a good time to start planning for your golden years.
*Not affiliated with Lincoln Financial Advisors.