Financial Resources for Caregivers - Jean Chatzky - Making money make sense
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Financial Resources for Caregivers

stressStepping in to help your parents with their finances is no easy undertaking. Here’s a list of resources that you may find helpful – as many people before you have: Do your parents qualify for special programs to help pay for medications, healthcare, food, utilities and more? This site, run by the National Council on Aging, can help you find out – and guide you through the process. This site, run by the U.S. Administration on Aging, can help you search out resources in your community for a wide variety of needs including Alzheimer’s, financial assistance, fraud prevention, housing options, legal assistance, long term care, and many more. If you’re more comfortable speaking with a person, lines are open from 9 a.m. to 9 p.m. M-F ET at 800-677-1116.

AARP’s Planning Guide For Families. A downloadable guide to walk you and the rest of your family through the ins-and-outs of stepping up to provide care, financial and otherwise.

SHIP or the State Health Insurance Assistance Program. The program provides one-on-one counseling about Medicare to Medicare recipients and their families. If you’re confused about your parents’ options, SHIP counselors can work with you face-to-face or on the phone.

Alzheimer’s Association. If you’re concerned about the warning signs of Alzheimer’s or have a diagnosis and need to explore options for care, financial planning or find other local resources, the caregiver center on the Alzheimer’s Association website is a good place to begin.

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