The Whitworths of Arizona, bringing science to you in everyday language.

Friday, July 31, 2020

Care Partner Finances and COVID

For those of you who have been enjoying Pat's videos, she will be back next in four week. For now, we are taking a break to discuss finances, often a difficult subject for the dementia care partner.

Dementia care tends to be very expensive and LBD care can be even more so. Therefore, I’ve invited Judy Baker, of the Senior Caregiver Alliance to provide you with some literature about finances with a special focus on the effect that COVID might have on them:

Retirement Insecurity in the time of COVID. Many of us are already retired, or are seriously considering retirement. This article is an overview of this subject.

Financial Literacy for Older Adults. This article gives an overview of those financial situations that retirees tend to face and then offers some suggestions about how to organize your retirement finances.

Coronavirus Information for Older Adults and Caregivers. This article is perhaps the most valuable and useful of all of Judy’s suggestions. It contains a long list of resources about almost anything COVID related and how it affects you and your loved one.

Coronavirus Impacts on Older Workers. This article is mainly for those of you still in the workforce, and most applicable to those who are caring for a parent while still trying to earn a living.

The next blog will be one about making sure your financial Power of Attorney is good.

For more information about Lewy body disorders, read our books:
A Caregivers’ Guide to Lewy Body Dementia
Managing Cognitive Issues in Parkinson's and Lewy Body Dementia
Responsive Dementia Care: Fewer Behaviors Fewer Drugs
Lewy Body Dementia: A Manual for Staff

Helen and James Whitworth are not doctors, lawyers or social workers. As informed caregivers, they share the information here for educational purposes only. It should never be used instead of a professional's advice.

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