This week, Raghav is sharing some important advice for those who find themselves among the steadily growing sandwich generation. Currently just over one in eight Americans aged 40 to 60 are raising a child while caring for an aging parent. This may not be an easy dinner table topic, but it’s important to prepare yourself as the aging population continues to increase.

If the subject of caregiving does not resonate with your situation, check out the Personal Interest Articles – you may learn something new or find an app to help with your productivity!

For more articles like this, check out Raghav’s previous Top Reads articles here and here.

Personal Finance

Money Milestones: How to manage your savings once you become a parent’s caregiver (MarketWatch)

Are you thinking about leaving your job or cutting down your work hours to care for a loved one? Find out how joining the sandwich generation could affect your own retirement and learn a few tips to help you make the decision.

“What they may have planned on having for their own retirement is diminished and there’s no way to make it up.” The 50s, for example, is often the time most people catch up on retirement savings, but that usually means working for more years down the road and ramping up contributions to retirement accounts.

The Unexpected Costs of Caring for an Aging Parent (My LifeSite)

Should you find yourself in a situation where you are deciding whether to become a caregiver for a family member, it’s important to keep in mind the emotional, physical and financial costs you will encounter. This article sheds some light on what usually occurs when adult children care for their elderly parents, and invites you to look carefully at other options before making the decision to be a full- or part-time caregiver.

10 Things You Should Know About Your Parent’s Finances (AgingCare)

Are you prepared to handle your parents’ finances in the event that they become ill or incapacitated? Do you know what their annual income is or where it comes from? Even if you think you might know all the answers, take a look at this article by Marlo Sollitto where she shares 10 important questions to discuss with your parents.

Personal Interest Articles

SEC to blockchain community: You are now regulated (VentureBeat)

This article by Jeremy Epstein provides a comprehensive explanation of what the July 25th SEC ruling “concluding that blockchain tokens sold through token sales are securities,” means for lawyers, financial advisors and scam artists.

10 CEOs Reveal the Apps That Can Make You More Productive (Money)

From email management to mindfulness to goal tracking, there’s an app for that! Check out this article where 10 CEOs share the apps they use for maximum productivity.


GuideVine

GuideVine

From time to time, the team at GuideVine highlights certain topical videos and content from expert financial advisors. We find these helpful and hope you will to for your managing personal finances. To learn more, you can view and find potential advisors through our advisor matching service and listings, ask one-on-one personal finance questions to these experts, and view “How to” videos on our YouTube channel (https://www.youtube.com/channel/UCJopbGDSgc1szGZaoUPqTrA).