7 Things Every Alzheimer’s Caregiver Should Know
Use these tips to help you keep your loved ones safe as you manage the financial aspects of caregiving.
IT CAN BE ENORMOUSLY CHALLENGING—both financially and emotionally—to care for someone suffering from Alzheimer’s disease or another form of dementia. Your advisor can assist you in developing a plan that helps you manage the extra financial costs involved. But keeping your loved one safe at home often falls on you alone. Cynthia Hutchins, director of Financial Gerontology at Bank of America, recommends taking the following simple steps to care for your family member, even as you grapple with the financial challenges of caregiving.