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
Duración:00:00:01
- Introduction to the importance of financial planning for caregivers 6
Duración:00:02:48
- Overview of the challenges and responsibilities associated with caregiving for aging parents or family members with disabilities 9
Duración:00:03:00
Chapter 2: Understanding the Financial Impact of Caregiving 11
Duración:00:00:03
- Exploring the financial implications of caregiving, including loss of income and increased expenses 13
Duración:00:02:54
- Discussing the long-term financial impact on the caregiver and their own financial future 16
Duración:00:03:20
Chapter 3: Taking Inventory of Financial Resources 19
Duración:00:00:03
- How to assess and evaluate the caregiver's current financial situation 20
Duración:00:03:26
- Identifying resources and support available to help alleviate financial burden 23
Duración:00:03:44
Chapter 4: Building a Financial Plan for Caregiving 26
Duración:00:00:03
- Developing a budget and financial plan tailored to the caregiver's unique situation 27
Duración:00:03:29
- Strategies for maximizing income and minimizing expenses 31
Duración:00:03:45
Chapter 5: Legal and Estate Planning Considerations 34
Duración:00:00:03
- Exploring the importance of legal and estate planning for caregivers and their loved ones 35
Duración:00:03:30
- Discussing tools such as wills, trusts, and powers of attorney 38
Duración:00:02:54
Chapter 6: Managing Healthcare Costs 40
Duración:00:00:02
- Understanding healthcare costs and resources available for aging parents or family members with disabilities 41
Duración:00:03:27
- Strategies for navigating health insurance and maximizing benefits 44
Duración:00:02:44
Chapter 7: Balancing Personal and Financial Responsibilities 46
Duración:00:00:04
- Tips for balancing caregiving duties with personal and professional obligations 47
Duración:00:03:27
- Self-care strategies to prevent caregiver burnout 50
Duración:00:03:17
Chapter 8: Investing for the Future 52
Duración:00:00:02
- Exploring investment strategies to secure the caregiver's financial future 54
Duración:00:02:59
- Discussing the importance of saving for retirement and long-term care 57
Duración:00:02:11
Chapter 9: Securing Financial Assistance 59
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- Understanding government benefits and assistance programs available to caregivers 60
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- Tips for accessing and maximizing financial assistance 64
Duración:00:03:18
Chapter 10: Planning for End-of-Life Expenses 67
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- Discussing the importance of planning for end-of-life expenses and funeral arrangements 68
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- Exploring options for pre-planning and saving for these costs 71
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Chapter 11: Navigating Social Security and Medicare 73
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- A guide to understanding Social Security and Medicare benefits for caregivers and their loved ones 74
Duración:00:02:57
- Tips for maximizing benefits and avoiding common pitfalls 77
Duración:00:03:32
Chapter 12: Communicating with Family Members 80
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- Strategies for involving family members in financial planning and decision-making 81
Duración:00:02:36
- Tips for promoting open and honest communication about financial responsibilities 84
Duración:00:03:53
Chapter 13: Coping with Unexpected Financial Challenges 87
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- How to prepare for and cope with unexpected financial challenges that may arise 88
Duración:00:03:55
- Strategies for staying resilient and adapting to changing financial circumstances 92
Duración:00:03:22
Chapter 14: Long-Term Financial Planning for Caregivers 95
Duración:00:00:03
- Discussing the importance of long-term financial planning for caregivers and loved ones 96
Duración:00:02:51
- Tips for creating a sustainable financial plan for the future 99
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Chapter 15: Conclusion 102
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- Summary of key takeaways from the book 103
Duración:00:02:16
- Encouragement and resources for caregivers embarking on their financial planning journey 105
Duración:00:04:04