Financial Aspects of Caregiving

More than 90% of caregivers are also financial caregivers, defined as either contributing direct financial support or coordinating some or all their loved one’s money-related matters. Managing someone’s finances is complex and can extend for months or even years, both during the care recipient’s life and often well beyond the death of a loved one. Longer life spans and lifestyle changes create an urgency to plan for caregiving costs across life stages, not just in middle age. Attention to financial caregiving, when coupled with financial and longevity literacy, can help optimize retirement readiness. This podcast episode provides helpful actions that families, employers, and communities can take to help address this critical need.    Download the transcript   Guest: Surya Kolluri Head of TIAA Institute   Moderator: James Appleby Chief Executive Officer, Gerontological Society of America   This podcast is supported by TIAA Institute.