Caring for Tomorrow: A Guide to Financial Planning
Wexith Tormen
This audiobook is narrated by a digital voice.
From understanding government benefits to creating a long-term care plan, this comprehensive book offers practical advice and strategies to ensure a secure future for your child. Through expert insights and real-life examples, readers will learn how to maximize resources, prepare for inevitable expenses, and safeguard their child's financial well-being. With a focus on empowerment and advocacy, this book equips parents with the knowledge and tools needed to make informed decisions and secure a stable financial future for their loved ones. Discover how to navigate the landscape of special needs financial planning, including important topics such as estate planning, special needs trusts, and guardianship. Learn how to leverage key resources and support systems to alleviate financial stress and ensure ongoing care for your child. Secure Futuresoffers a roadmap for financial success, addressing unique challenges and opportunities for parents of special needs children. By utilizing practical tips and strategies, readers will gain confidence in their ability to provide a secure and stable financial foundation for their family. Uncover valuable advice on managing day-to-day expenses, accessing assistance programs, and maximizing investment opportunities for long-term financial growth. Whether your child is young or approaching adulthood, Secure Futuresoffers a comprehensive approach to financial planning that is tailored to the specific needs of the special needs community. Empower yourself with knowledge, take control of your financial future, and pave the way for a secure and prosperous life for your child. Secure Futuresis the essential resource for parents seeking to navigate the complexities of financial planning with confidence and clarity.
Duration - 1h 37m.
Author - Wexith Tormen.
Narrator - Digital Voice Madison G.
Published Date - Monday, 20 January 2025.
Copyright - © 2025 Mike Whiteside ©.
Location:
United States
Description:
This audiobook is narrated by a digital voice. From understanding government benefits to creating a long-term care plan, this comprehensive book offers practical advice and strategies to ensure a secure future for your child. Through expert insights and real-life examples, readers will learn how to maximize resources, prepare for inevitable expenses, and safeguard their child's financial well-being. With a focus on empowerment and advocacy, this book equips parents with the knowledge and tools needed to make informed decisions and secure a stable financial future for their loved ones. Discover how to navigate the landscape of special needs financial planning, including important topics such as estate planning, special needs trusts, and guardianship. Learn how to leverage key resources and support systems to alleviate financial stress and ensure ongoing care for your child. Secure Futuresoffers a roadmap for financial success, addressing unique challenges and opportunities for parents of special needs children. By utilizing practical tips and strategies, readers will gain confidence in their ability to provide a secure and stable financial foundation for their family. Uncover valuable advice on managing day-to-day expenses, accessing assistance programs, and maximizing investment opportunities for long-term financial growth. Whether your child is young or approaching adulthood, Secure Futuresoffers a comprehensive approach to financial planning that is tailored to the specific needs of the special needs community. Empower yourself with knowledge, take control of your financial future, and pave the way for a secure and prosperous life for your child. Secure Futuresis the essential resource for parents seeking to navigate the complexities of financial planning with confidence and clarity. Duration - 1h 37m. Author - Wexith Tormen. Narrator - Digital Voice Madison G. Published Date - Monday, 20 January 2025. Copyright - © 2025 Mike Whiteside ©.
Language:
English
Chapter 1: Introduction 5
Duration:00:00:01
- Introduction to the importance of financial planning for caregivers 6
Duration:00:02:48
- Overview of the challenges and responsibilities associated with caregiving for aging parents or family members with disabilities 9
Duration:00:03:00
Chapter 2: Understanding the Financial Impact of Caregiving 11
Duration:00:00:03
- Exploring the financial implications of caregiving, including loss of income and increased expenses 13
Duration:00:02:54
- Discussing the long-term financial impact on the caregiver and their own financial future 16
Duration:00:03:20
Chapter 3: Taking Inventory of Financial Resources 19
Duration:00:00:03
- How to assess and evaluate the caregiver's current financial situation 20
Duration:00:03:26
- Identifying resources and support available to help alleviate financial burden 23
Duration:00:03:44
Chapter 4: Building a Financial Plan for Caregiving 26
Duration:00:00:03
- Developing a budget and financial plan tailored to the caregiver's unique situation 27
Duration:00:03:29
- Strategies for maximizing income and minimizing expenses 31
Duration:00:03:45
Chapter 5: Legal and Estate Planning Considerations 34
Duration:00:00:03
- Exploring the importance of legal and estate planning for caregivers and their loved ones 35
Duration:00:03:30
- Discussing tools such as wills, trusts, and powers of attorney 38
Duration:00:02:54
Chapter 6: Managing Healthcare Costs 40
Duration:00:00:02
- Understanding healthcare costs and resources available for aging parents or family members with disabilities 41
Duration:00:03:27
- Strategies for navigating health insurance and maximizing benefits 44
Duration:00:02:44
Chapter 7: Balancing Personal and Financial Responsibilities 46
Duration:00:00:04
- Tips for balancing caregiving duties with personal and professional obligations 47
Duration:00:03:27
- Self-care strategies to prevent caregiver burnout 50
Duration:00:03:17
Chapter 8: Investing for the Future 52
Duration:00:00:02
- Exploring investment strategies to secure the caregiver's financial future 54
Duration:00:02:59
- Discussing the importance of saving for retirement and long-term care 57
Duration:00:02:11
Chapter 9: Securing Financial Assistance 59
Duration:00:00:02
- Understanding government benefits and assistance programs available to caregivers 60
Duration:00:03:45
- Tips for accessing and maximizing financial assistance 64
Duration:00:03:18
Chapter 10: Planning for End-of-Life Expenses 67
Duration:00:00:02
- Discussing the importance of planning for end-of-life expenses and funeral arrangements 68
Duration:00:02:58
- Exploring options for pre-planning and saving for these costs 71
Duration:00:03:00
Chapter 11: Navigating Social Security and Medicare 73
Duration:00:00:03
- A guide to understanding Social Security and Medicare benefits for caregivers and their loved ones 74
Duration:00:02:57
- Tips for maximizing benefits and avoiding common pitfalls 77
Duration:00:03:32
Chapter 12: Communicating with Family Members 80
Duration:00:00:02
- Strategies for involving family members in financial planning and decision-making 81
Duration:00:02:36
- Tips for promoting open and honest communication about financial responsibilities 84
Duration:00:03:53
Chapter 13: Coping with Unexpected Financial Challenges 87
Duration:00:00:03
- How to prepare for and cope with unexpected financial challenges that may arise 88
Duration:00:03:55
- Strategies for staying resilient and adapting to changing financial circumstances 92
Duration:00:03:22
Chapter 14: Long-Term Financial Planning for Caregivers 95
Duration:00:00:03
- Discussing the importance of long-term financial planning for caregivers and loved ones 96
Duration:00:02:51
- Tips for creating a sustainable financial plan for the future 99
Duration:00:03:44
Chapter 15: Conclusion 102
Duration:00:00:01
- Summary of key takeaways from the book 103
Duration:00:02:16
- Encouragement and resources for caregivers embarking on their financial planning journey 105
Duration:00:04:04