Nicole Stanger’s Post

Are you a Gen Xer navigating the complexities of caring for aging parents? Dive into this insightful article, where certified financial planner Sara Stanich breaks down the essential steps for understanding your parents' finances. From asset assessment to protecting against scams, get equipped with the knowledge you need for this uncharted journey. Don't miss out on securing your family's financial future! #GenerationX #Caregiving #FinancialPlanning

Did you know that 1 in 5 retirees are sacrificing their own financial security to care for loved ones? The costs of caregiving can be staggering, with some retirees spending over $7,000 a year on caregiving expenses. But what happens when they're forced to leave the workforce early to care for a parent? Read this eye-opening article to discover the shocking truth about the financial toll of caregiving on retirees and how it's impacting their lives. #FinancialAdvisor #Reno

Are you part of the Sandwich Generation? These are individuals simultaneously caring for and supporting their kids and parents. Competing priorities have often left this generation struggling with work, financial, health, family, and time pressures. There are no easy solutions when you’re in this situation but you can take some steps to try to relieve the strain. Read my latest blog post for tips that I hope will help you. https://buff.ly/3Bo0U4T #aging #caregiving #caregivers longtermcare

Discover how managing the demands of caregiving can impact both your finances and time. Kittye Tilford, CFP®, Wealth Advisor shares valuable insights and strategies to navigate these challenges effectively in, "The Role of Planning for Those in the Sandwich Generation." #sandwichgeneration #caregiving #eldercare #family #financialplanning #herwealth #womenandwealth

This is an interesting discussion about how creating a better long-term care system might help working caregivers. I remember well that when my mom retired, she immediately shifted into a relatively full-time role of caregiving for my grandmother, who, because of my mom's support and care, was able to stay living in her own apartment. There's no way she could have done this if my mom would have had to keep working to pay the bills. Having volunteered in long-term care, I know the value that a solid and caring long-term care system can provide to individuals and their families. Not everyone can age safely in their own home - and, I would argue, when long-term care is well done, it can provide a better overall experience for everyone. The individual can receive professional physical care and families can support their loved ones in emotional ways instead of focusing all their attention on their loved one's physical needs. We know that there is an increasing sandwich generation of people caring for aging parents while still having kids at home - in some cases younger children or even grandchildren they are helping to raise. We also know that women are disproportionately impacted by caregiving, and often are faced with juggling multiple caregiving roles along with a career. Is better long-term care the solution? I think it is probably an important puzzle piece... #caregiving #workingcaregivers

InsuranceNewsNet discusses how caregiving responsibilities significantly affect women’s ability to save for retirement, especially as they balance work and caregiving duties. The "sandwich generation," adults caring for both children and aging parents, often faces financial and emotional strain, making it harder to save for the future. SupportPay can help employers provide a vital solution to employees managing daily caregiving costs, helping them stay organized and supported as they juggle these demanding roles. By addressing this need, employers can foster a more balanced work-life environment. #EmployeeBenefits #Caregiving #EmployeeSupport https://lnkd.in/gZB7Hd4N

The growing demands of caregiving for siblings often leave employees overwhelmed, impacting their productivity and well-being. By integrating SupportPay into your benefits package, employers can offer their staff a comprehensive tool to manage family caregiving responsibilities efficiently. This not only supports employees in balancing work and family life but also enhances overall job satisfaction and retention. Let's make a positive change in the workplace by prioritizing the needs of caregiving employees with SupportPay. #EmployeeBenefits #HumanResources #Caregiving https://lnkd.in/gKneDHvW

"The current stress on our caregiving infrastructure isn’t just a workforce issue. It has left families overburdened and on their own – and it’s holding our entire economy back." In her latest piece for U.S. News, Maria Flynn dives into a challenge so many are facing today: the "Sandwich Generation," navigating the demands of caring for aging parents while supporting their children. Her insights into the caregiving crunch are powerful, offering real, actionable solutions to ease the burden on families. I’ve seen firsthand how Maria balances her own life while leading our growing organization Jobs for the Future (JFF), engaging our partners, and supporting our employees and teams every day. Being a CEO and leader today requires not just vision and operational agility, but empathy and care—qualities Maria exemplifies as she pioneers solutions for workforce and education that matter for individuals, families, and our economy. Check out her article and join the conversation on how we can support the Sandwich Generation: https://lnkd.in/em9cTamy. #caregiving #economicmobility #workforce #JFF #NoDeadEnds

For many Canadians today, caring for an aging parent or a family member is a defining part of life. Taking on caregiver responsibilities can be especially stressful for those in the "sandwich generation" as most still have careers to grow, children to raise, and financial obligations to meet, in addition to providing care for aging parents. These important conversations are usually left until they can no longer be avoided. Unfortunately, this makes the planning process more difficult. Our article outlines five important considerations when planning on how to care for aging parents. #FinancialPlanning #ScotiaWealthManagement #Caregiving #EstatePlanning #TotalWealthPlanning

🥪 Being in the Sandwich Generation means juggling care for both your kids and parents. It's a demanding role that needs emotional strength and support. Read our blog for tips and insights on how to find a balance and ease the burden! #Longbridge #LongbridgeFinancial #blog #SandwichGeneration #caregiving #seniorcare