How Family Caregivers Can Avoid Money Catastrophes
How big a financial toll can family caregiving take? Well, Amy Goyer, who is AARP’s family and caregiving expert, says the costs of caring for her parents led her to file for bankruptcy.
“I wish I’d met with a financial adviser from the very beginning who would have kept me on track and maybe been able to steer me in different directions that would have avoided bankruptcy,” Goyer, based in the Washington, D.C. area, told me in the new episode of the “Friends Talk Money” podcast I co-host. (You can hear the episode wherever you get podcasts or at the end of this article.)
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