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December 12th, 2024

Katie’s Heartfelt Message about the Hidden Costs of Caregiving

What happens when Caregiving expenses go beyond what insurance covers? Katie experienced this firsthand while caring for her mother with Alzheimer’s.

✨ About one in six older adults with Medicare reported problems with medical bills and debt, often due to out-of-pocket expenses for prescriptions, specialist visits, and hospital stays.

As her mom’s condition progressed, Katie Kristofic had to replace her wardrobe multiple times—first for weight changes and later for ease of dressing as her mom’s motor skills declined. Katie found creative solutions, like working with local seamstresses to adapt existing clothing, but the costs still added up quickly.

📣 Tell me in the COMMENTS: Should insurance companies do more to cover care-related costs, like clothing modifications or home adjustments?

If you’re feeling the strain, know you’re not alone. Planning for these expenses can make a huge difference.

👉 Work with a Fiduciary advisor who understands caregiving’s unique challenges.

Wondering how an advisor can help? Book a FREE consultation today!

Not ready yet? I’ve compiled FREE resources to help you plan for caregiving’s financial surprises.

In honor of National Family Caregivers Month this November, I’m launching a social media campaign to raise awareness about the financial impact of caregiving. Over the coming weeks, I’ll be sharing heartfelt stories from caregivers like me, who have faced similar challenges and discovered the importance of seeking support.

Together, we can shine a light on this often-overlooked issue and remind caregivers everywhere they’re not alone.

Thank you!

Danielle Miura, CFP, MSFP, EA
Spark Financials

Website: https://spark-fin.com/link-page
Linkedin: https://www.linkedin.com/in/danielle-miura/
Twitter: https://x.com/Daniellemiula
Instagram: https://www.instagram.com/thedaniellemiura/
Millions of women are juggling caregiving, careers, and finances.

👭 TAG a friend who needs to hear this now!

hashtag#financialtollofcaregiving hashtag#womencaregivers hashtag#costofcare

Over 11 million Americans provide unpaid care for loved ones with Alzheimer’s or other dementias, often facing unique challenges like changing care needs and financial strain.

➡️ Share this post to raise awareness for Alzheimer’s caregivers navigating this journey with resilience and love.

hashtag#financialtollofcaregiving hashtag#alzcaregiver hashtag#costofcare
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Cindy graduated in 1992 with a Master’s Degree in Physical Therapy from Washington University in St Louis, MO. The majority of her career has been spent in Home Healthcare. Her passion is to assist people in maintaining their independence, especially when it makes the difference in their ability to remain in their home.

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