Kim Purnell
A Wix Legend Marketplace Agency
CLIENT RESOURCES
Caring Conversation | I won't see the effects until...
In a July 13, 2023 article, Caregivers and Retirement: Findings From the 2023 Retirement Confidence Survey,authors Craig Copeland Lisa Greenwald offer key findings from the 33rd EBRI Retirement Confidence Survey (RCS).
The survey examined the retirement prospects, knowledge, preparations for retirement, and experiences in retirement for those who are unpaid caregivers vs. those who do not provide this care. Caregivers in this survey are defined as those who provided unpaid care for an adult and/or child within the last 12 months in a noninstitutional setting and helped their care recipient with at least one activity of daily living or instrumental activity of daily living.
“Unpaid caregivers assist with ADLs and IADLs, but they also provide financial support. More than half of working caregivers provide financial support to their care recipient, and these results would suggest that it’s often to the detriment of their own financial health,” observes Lisa Greenwald, CEO, Greenwald Research. Significantly, fifty-five percent of caregiving workers and 37 percent of caregiving retirees report that they provide financial support to their caregiving recipient."
Over one-third of caregiving workers (35 percent) and caregiving retirees (37 percent) say they provided $5,000–$14,999 in financial support to their caregiving recipient in the past 12 months. In conclusion, the authors point out that “even though caregivers are doing many of the right things in preparing for retirement, caregivers appear to be behind in savings and their confidence about their retirement due to their caregiving responsibilities.”
Therefore to help you learn more...
I'm gifting, to you, a copy this Amazon Best Seller Book.
To get your copy of "How Not To Pull Your Family Apart", as my gift to you, simply drop me a note below with your name and information.
Or, if you prefer to contact me directly, either send me by email, text or call me. My contact information is located in the footer of this page. I'll respond within 24 hours, it not sooner.
Regards,
Your content has been submitted
An error occurred. Try again later
Florida
A000000
[Mobile Phone]
321-327-9049
Insurance & Retirement Planning Specialist
Kim Purnell
We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options. By providing your contact information for quote requests for material downloads, you grant permission for licensed insurance agent, identified here, to call you regarding your Medicare options including Medicare Supplement, Medicare Advantage, and Prescription Drug Plans.
Plans We Represent [Listed Here]
A Licensed Agent/Advisor May Contact You. Consult your legal, tax accountant, financial and insurance professional for more advice. Any voluntarily submitted or collected information is used solely for the purpose of insurance underwriting and price quotes and not sold or used for any other marketing or solicitation purpose. Not affiliated with CMS, Medicare or any other federal and state agency. Content on this site is not intended to provide legal, accounting or tax advice.
Adaptive Marketing Group, LLC
898 Glendale Ave Palm Bay, FL 32907
Florida
A000000
[Mobile Phone]
321-327-9049
Insurance & Retirement Planning Specialist
Kim Purnell
FINRA, or the **Financial Industry Regulatory Authority**, is a self-regulatory organization that oversees the brokerage industry. FINRA has rules and guidance on disclosure in advertising and other communications with the public ?.
FINRA encourages members to be precise and succinct in their explanations and disclosures. Members often include in their communications disclosures that are not required by the rules, and FINRA does not object to additional explanations or information beyond what is required for rule compliance ?.
You can learn more about FINRA's rules and guidance on disclosure from their website ?.
Source: Conversation with Bing, 6/28/2023
(1) Regulatory Notice 19-31 | FINRA.org. https://www.finra.org/rules-guidance/notices/19-31.
(2) Advertising Regulation | FINRA.org. https://www.finra.org/rules-guidance/key-topics/advertising-regulation.
(3) Disclosure Report Cards | FINRA.org. https://www.finra.org/compliance-tools/report-center/disclosure.