Advance Planning for Eldercare Saves Money, A New Study Shows

When it comes to planning for long-term care, the early bird does get the worm, according to a new  study: The report shows that families who anticipate their needs can save close to $11,000 a year in out of pocket expenses by planning in advance instead of waiting until a crisis. >> Sign up for the AARP Money Matters newsletter What’s more, 38 percent of family caregivers and 35 percent of care recipients in the study, commissioned by the insurance company Genworth …

GPS Systems Track Loved Ones on Road Trips

Recently, 81-year-old Goldie Hunt and her husband, Vernon Hunt, 91, were reported missing after they set out on a 500-mile car trip from Garnet, Kansas to visit Goldie’s twin sister in Dwight, Ill. The alarming story thankfully came to a happy ending several days later when they were spotted by a law enforcement officer as they asked for directions in Michigan. The Hunts’ experience reminds me of a heartbreaking story several years ago 0f a Pennsylvania couple, William Fresch, 85, and his …

Family Affairs: Do Your Kids a Favor

This is a guest post by Bart Astor. The other day I saw an ad with the headline, “Do your kids a favor.” It went on to say, “You checked for monsters under her bed, sent her to the best school, and helped her buy her first car. Now, do her one more favor.” That favor involves making plans in advance and communicating your wishes to your children. The ad, for a funeral home, takes a subject people don’t like …

Helping Older Loved Ones Cope With Disaster

In a recent conversation with the AARP Oklahoma state director, Sean Voskuhl, about the tornadoes in Moore, Okla., and throughout the state, I related my concerns about the older adults and their caregivers affected by the disasters. “In a matter of minutes, thousands of lives were changed forever as a result of the tornadoes that hit Oklahoma in May. The path of destruction and loss of life left by these storms has been heartbreaking,” he told me. “We remember the lost, pray for the …

TEDMED’s Great Challenges Day Addresses Caregiver Crisis

Recently, I participated in the first TEDMED Great Challenges day which addressed 20  great challenges (see my previous post about the Dementia Tsunami, one of TEDMED’s Great Challenges). I participated in a breakout group of about 20 people who rolled up our sleeves and dove into a discussion of the “caregiver crisis.” It was an afternoon full of passion and spirit among all contributors. Many of us are or have been caregivers; others approached the topic from a business viewpoint (those who …

Caregiving and Taxes

As working caregivers, we often have extra pressure around tax time. Even a simple tax situation can be very daunting as we are simultaneously working, caregiving, organizing our own and organizing our loved ones’ taxes! The good news is there may be some ways to ease the burden for your loved ones. Here is my short Taking Care with Amy Goyer: Caregiving and Taxes video with a few tips on handling this stressful time of year, which you may have …