Childfree Wealth® Planning for Parents: What If Your Parents Run Out of Money? Ep 136
Planning for aging parents is hard. It’s even harder when there’s no financial safety net.
In this episode, Dr. Jay and Bri walk through the real-life challenges of supporting parents who may not have the means—or the plan—for their long-term care. From boundaries and Medicaid to power of attorney, family dynamics, and even “granny pods,” they share strategies that help childfree adults show up for their family without losing themselves in the process.
We'll cover:
- How to approach difficult conversations with empathy (and honesty)
- What documents matter—and how to access or create them
- The difference between helping and overextending yourself
- What long-term care might really cost you
- Smart ways to support without going broke
Mentioned in this Episode:
- NokBox: https://www.thenokbox.com
- Schedule your Childfree Wealth Checkup: https://childfreewealth.com/schedule-a-checkup/
- Freewill.com: https://www.freewill.com
- Interested in a Parent Checkup? Email us at media@childfreewealth.com for more info!
- Sign-up for our Weekly Newsletter: https://bit.ly/cwnewsletter2
#ChildfreeWealth #FamilyFinance #LongTermCare #EstatePlanning #MedicaidPlanning #Boundaries #NoKidsNoProblem #FinancialIndependence
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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If you want to join the conversation, email us at media@childfreewealth.com, follow Childfree Wealth® on social media, or visit our website www.childfreewealth.com!
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Disclaimer: This podcast is for educational & entertainment purposes. Please consult your advisor before implementing any ideas heard on this podcast.