Life expectancy for Americans continues to increase, so it is more and more likely that most adults will end up caring for an elderly parent or relative or needing care themselves.
The Finances of Caregiving program provides materials to families to help them protect their assets and prepare for their retirement while providing care.
This five-week program, beginning Oct. 30, will meet Tuesdays from 9:30 to 11 a.m. at SCC Campus Bldg. 300, Gardner Hall, Room 301, 337 Messenger Rd., Keokuk. To register contact the Center for Business and Industry (CBIZ) at 319-208-5375.
?Care does not have to mean that the person lives in your home,? explains Mary Weinand, ISU Extension Family Finance Field Specialist. ?It may mean that you provide transportation or other services to a person who still lives in their own home.? For most working Americans, this still requires flexible work schedules or using personal leave days, sometimes without pay.
When making the decisions about long-term care, it is important to review and discuss financial documents.
?Reviewing financial documents together provides families an opportunity to ask and understand the wishes of the care receiver and an opportunity to resolve any conflicting views,? Weinand said. ?By beginning the discussion early, you will have a better understanding of the funds available to pay for long-term care and their sources.?
For more information contact Mary M. Weinand at firstname.lastname@example.org.