The PrairieFire Podcast
The PrairieFire Podcast is designed to explore the financial and emotional issues of life's second half. From paying for college to dealing with aging parents, empty nesting, navigating careers, dealing with taxes, and getting ready for retirement, we share experiences, ideas, and a platform to celebrate what we believe is one of the most exciting periods of your life.
Registered Representative of Sanctuary Securities Inc. and Investment Advisor Representative of Sanctuary Advisors, LLC. Securities offered through Sanctuary Securities, Inc., Member. SIPC. Advisory services offered through Sanctuary Advisor, LLC., an SEC Registered Investment Advisor. PrairieFire Wealth Planning is a DBA of Sanctuary Securities, Inc. and Sanctuary Advisors, LLC.
The PrairieFire Podcast
#16 - Caring for Mom and Dad
Are you prepared to support your aging parents through life’s most challenging transitions? In today’s episode, Matt Meline shares practical, compassionate strategies for discussing finances, health, and long-term care. You’ll discover how to organize their affairs, prevent costly mistakes, and safeguard them from scams. Matt also provides a step-by-step checklist to guide you through every challenge. Whether you’re a caregiver or planning for the future, this episode equips you with the tools and confidence to help your loved ones feel safe, secure, and supported.
Digital Asset:
- 2024: What Issues Should I Consider for My Aging Parents? - https://bit.ly/3ZBCJbI
Episode highlights:
(2:28) The importance of patience as roles reverse
(5:17) Organizing finances: Bank accounts, investments, and immediate needs
(9:31) Addressing living arrangements and safety considerations
(14:07) Reviewing insurance policies and potential benefits
(16:02) Estate planning and legal documents
(18:47) Tax reviews: Spotting savings opportunities
(20:41) Future money issues: Assets and inheritance
(23:57) Cybersecurity: Protecting seniors from scams
(26:23) Outro and disclaimer
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I sincerely appreciate your support. Thank you for being a part of our podcast journey. If you haven't already, please subscribe to stay updated with the latest episodes. Your subscription means the world to me!
I’d love to hear from you; here are some ways to connect:
Web: https://www.prairiefirewealth.com/
Email: info@pfwplanning.com
Get a copy of my book: Empty Nest, Full Pockets: How to Emotionally and Financially Prepare for Your Family’s Future at https://amzn.to/3PovUWM
