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April 29th, 2026

The $1 Million Mistake Families Make With Aging Parents w/ Annalee Kruger

  1. The $1 Million Mistake Families Make With Aging Parents w/ Annalee Kruger Larry Sprung 36:41

Are you prepared to care for your aging parents? Most people would say no. In fact, many don’t realize how expensive, chaotic, and emotionally draining aging is on a Family.

Annalee Krueger, author of The Invisible Patient: The Emotional, Financial, and Physical Toll on Family Caregivers, helps families plan for aging and navigate the Caregiving journey. In this episode, she explains the true cost of aging at home, the red flags of cognitive decline, and how to prepare before a crisis hits.

Topics discussed:

Introduction (00:00)

Annalee’s career journey (01:25)

Why so many families are unprepared (05:03)

The “what-when” reframe for aging (06:19)

Red flags of cognitive decline and what to do next (08:43)

The purpose behind, The Invisible Patient (12:03)

How to build a “grab-and-go binder” for your family (14:08)

The follow-up step most families skip (17:31)

Why planning matters for all ages (21:33)

The reality of aging at home and the cost of care (25:38)

Why entrepreneurs carry extra risk (29:19)

What brought you JOY today? (31:09)

If you’re a writer who wants to take control of your finances, read Mitlin Financial’s Write Your Financial Future: A Financial Guide for Authors: https://www.mitlinfinancial.com/insights/blog/write-your-financial-future-a-financial-guide-for-authors/

Resources:

Connect with Larry Sprung:

  • LinkedIn: https://www.linkedin.com/in/lawrencesprung/
  • Instagram: https://www.instagram.com/larry_sprung/
  • Facebook: https://www.facebook.com/LawrenceDSprung/
  • X (Twitter): https://x.com/Lawrence_Sprung

About Our Guest:

Annalee started Care Right Inc, a virtual consultancy, in 2011, after working in Continuing Care Retirement Communities (CCRC’s) for 22 years. Annalee Kruger has devoted her career to guiding family caregivers and their aging loved ones with decisions about aging, dementia progression, the landscape of senior care, helping families determine their “safety triggers” for when parents need care and the aging at home care budget to prevent families from not qualifying financially to gain admission into a quality care community. She has been curated by over 32 wealth management firms to work directly with their clients. She is a national speaker on aging, caregiving, dementia, family dynamics, and end-of-life.

Annalee also created the Aging Strategy Coaching Academy (ASCA), the first ever global coaching program that addresses aging, family caregiving, dementia, the landscape of senior care, Dying, and Grief. She also created the Elder Planning Specialist certification program, specifically for CFP’s who want to earn a certificate to better identify and address the needs of their aging book of business.

Connect with Annalee Kruger:

  • LinkedIn: https://www.linkedin.com/in/annaleekruger/
  • Facebook: https://www.facebook.com/carerightincorp/
  • YouTube: https://www.youtube.com/channel/UCBY2WWuTdSylECzGvksCC2w
  • X: https://x.com/care_right
  • Care Right Inc.: https://carerightinc.com
  • Plan4Life: https://plan4lifenow.com/
  • Care Crusade: https://www.carecrusade.org/

Disclosure:

Guests on the Mitlin Money Mindset are not affiliated with CWM, LLC, and opinions expressed herein may not be representative of CWM, LLC. CWM, LLC is not responsible for the guest’s content linked on this site.

This episode was produced by Podcast Boutique https://www.podcastboutique.com

Lawrence “Larry” Sprung, CFP® is a husband, father, entrepreneur and mental health advocate.

Larry is the author of the Amazon Bestselling book “Financial Planning Made Personal” and the also host of the Mitlin Money Mindset™ a podcast that reminds you to ask yourself “What did you do today that brought you joy?®”

In 2004 he founded Mitlin Financial, Inc. naming the firm memory of Larry’s wife’s grandfather, Mitchell, and his mother, Linda. During his career, Larry has found that a lot of industry terms and concepts can seem confusing to outsiders. That’s why he works with the families he serves to break down complex financial topics into easy-to-understand concepts.

In recognition of Larry’s significant contributions to his profession, he has received quite a few awards. In 2021, Larry was named to the Investopedia 100 Top Advisors in 2021 and was even more humbled to make their Top Ten list for 2022.

Outside the office, one of Larry’s greatest passions is raising awareness for mental health. He spent over 12 years serving on the National Board of the American Foundation for Suicide Prevention (AFSP) and sits on its financial and investment committees. With his wife, Denise, he has raised more than $1.7 million for the organization through the Keith Milano Memorial Fund. The fund was created in memory of his brother-in-law.

Larry values his family tremendously and his desire to do right by his wife and two sons drives who he is in and out of the office.