What Every Adult Child Should Know: Protecting Your Retirement & Other Financial Information for Family Caregivers
The University of Wisconsin-Extension has adapted the National Endowment for Financial Education program, “What Every Adult Child Should Know: Protecting Your Retirement & Other Financial Information for Family Caregivers”, for use in Wisconsin. The program was developed by the Virginia Cooperative Extension (Dr. Celia Ray Hayhoe) to help family caregivers understand the type of financial information and documents needed so they can perform their caregiving duties, while also thinking about their own future. The program is designed to help family caregivers (and future caregivers) understand their financial situations, see more clearly how their finances will change, and determine how best to communicate about caregiving and financial issues with family members. Although this program is designed for family caregivers of older adults, it is also useful for individuals caring for a disabled or seriously ill family member. The worksheets for financial information help caregiver to analyze their own financial situation in preparation for a time when they may need care themselves.