Login to view your accounts, portfolio details, and GWM portfolio reports.
Login to view your Fidelity account(s) and access your electronic documents and statements.
Login to view your TD Ameritrade account(s) and access your electronic documents and statements.
Login to securely upload your documents through Citrix ShareFile.
The New York Times Quotes Steve Starnes on a Growing Challenge: Retirees Caring for Their Aging Parents
July 11, 2019
Steven A. Starnes
Steven A. Starnes
Senior Financial Advisor, Principal
Financial planning is challenging enough during your working years. The choices can be heartbreaking when you’re in or near retirement, and an aging parent needs your help. The New York Times interviewed our Senior Financial Advisor, Steve Starnes, MBA, CFP® for this June 2019 report on the physical, emotional and financial tolls taken by 70-year-old “children” who find themselves caring for their 90-year-old parents.
How do you strike an acceptable balance between your own and an aging parent’s well-being? There are no easy or universal answers. When it comes to choosing (and paying for) nursing home care, professional in-home care, or going it alone, different families feel differently about how to proceed.
The article points out that professional financial advice can go a long way toward understanding your available options. The author quotes Steve, who suggests, “A geriatric care manager can estimate the costs of different kinds of support a parent may need over time … A financial review [may] help people get more comfortable with spending money on some level of support.”
Grand Wealth Management, LLC
333 Bridge Street NW, Suite 800
Grand Rapids, MI 49504
Through our wealth management process we look forward to learning what is important to you and introducing you to our professional team. Contact us to get started.