My Mother's Money with Beth Pinsker, CFP®, Ep 168

Caring for aging parents is a universal experience, but for the Childfree, the dynamics are completely unique. In this episode, Dr. Jay sits down with Beth Pinsker, a CERTIFIED FINANCIAL PLANNER® and retired MarketWatch columnist, to discuss her new book,

My Mother's Money: A Guide to Financial Caregiving. They share personal stories and professional insights on navigating the emotional and financial challenges of becoming a financial caregiver.

Tune in to learn how to prepare for the unexpected and ensure you can care for the people you love without derailing your own financial future.

Timestamps:

🔹01:00 - Why being Childfree doesn't mean you're parent-free

🔹02:00 - The surprising impact a parent's financial plan can have on yours

🔹03:00 - The challenging question of how much help is too much

🔹04:00 - Setting healthy boundaries with parents

🔹06:00 - The emotional difficulty of the parent-child role reversal

🔹08:00 - The stress of managing caregivers and staff

🔹09:00 - Why you might want to hire a professional care team

🔹11:00 - Why single women are often the best at planning ahead

🔹13:00 - The hard decision of living with a parent

🔹18:00 - The nightmare of dealing with banks and power of attorney

🔹26:00 - Don't put your important papers in a safe deposit box

🔹27:00 - The "death file" and where to put your important papers

🔹29:00 - Beth's biggest takeaway from her book

Connect with Beth:

🔹Beth’s website: https://bethpinsker.com/

🔹Purchase her book:

🔹Instagram: https://www.instagram.com/bethpinsker_ny/

🔹LinkedIn: https://www.linkedin.com/in/bpinsker/

Mentioned in this episode:

🔹How to add a legacy contact in Apple: https://support.apple.com/en-us/102631

🔹Google inactive account manager (Android): https://support.google.com/accounts/answer/3036546?hl=en

🔹Childfree Trust®: https://childfreetrust.com/

The Childfree Wealth Podcast, hosted by Bri Conn, CFP®, and Dr. Jay Zigmont, CFP®, is a financial and lifestyle podcast that explores the unique perspectives and concerns of Childfree individuals and couples.

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Disclaimer: This podcast is for educational & entertainment purposes. Please consult your advisor before implementing any ideas heard on this podcast.