Join Amazon Prime and ship Two-Day for free and Overnight for $3.99. Already a member? Sign in.
Frequently Bought Together
Editorial Reviews
Product Description
Caring for aging parents--from establishing power of attorney to investing wisely for catastrophic medical care to the impact of role reversal--is going to be a grim reality for many Americans. The statistics are scary: Two out of every three people under 40 in the year 2000 will have to either assist or maintain an elderly parent's lifestyle during that parent's life. The old model of relying on pensions or Social Security doesn't work anymore in the New Economy. This means that the assumptions at the base of the average American's financial planning no longer apply. Sons and daughters caught in the ÒsandwichÓ generationÑbetween needy children and frail parentsÑknow that this surprising social change can be a crippling financial burden. People in early middle-age now need to take a more aggressive role in the financial life of their mothers and fathers, and then cope with the difficulty of switching traditional roles with their parents. With an actuary's eye for detail and a caring son's attention to nuance, the author guides the reader through the financial, bureaucratic and sociological thickets to a clear understanding of what it takes to actually take care of mom and Dad!
About the Author
Mike Rust is a pension actuary who consults with employers on the design and administration of retirement plans. Graduated from the University of Wisconsin in 1988, Rust is an associate of the Society of Actuaries. He lives in North Carolina.
Caring for aging parents--from establishing power of attorney to investing wisely for catastrophic medical care to the impact of role reversal--is going to be a grim reality for many Americans. The statistics are scary: Two out of every three people under 40 in the year 2000 will have to either assist or maintain an elderly parent's lifestyle during that parent's life. The old model of relying on pensions or Social Security doesn't work anymore in the New Economy. This means that the assumptions at the base of the average American's financial planning no longer apply. Sons and daughters caught in the ÒsandwichÓ generationÑbetween needy children and frail parentsÑknow that this surprising social change can be a crippling financial burden. People in early middle-age now need to take a more aggressive role in the financial life of their mothers and fathers, and then cope with the difficulty of switching traditional roles with their parents. With an actuary's eye for detail and a caring son's attention to nuance, the author guides the reader through the financial, bureaucratic and sociological thickets to a clear understanding of what it takes to actually take care of mom and Dad!
About the Author
Mike Rust is a pension actuary who consults with employers on the design and administration of retirement plans. Graduated from the University of Wisconsin in 1988, Rust is an associate of the Society of Actuaries. He lives in North Carolina.
Product Details
Would you like to update product info or give feedback on images?
|
Inside This Book
(learn more)
Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Tag this product(What's this?)Think of a tag as a keyword or label you consider is strongly related to this product.
Tags will help all customers organize and find favorite items. |
Help others find this product — tag it for Amazon search
No one has tagged this product for Amazon search yet. Why not be the first to suggest a search for which it should appear?
Sell a Digital Version of This Book in the Kindle Store
If you are a publisher or author and hold the digital rights to a book, you can sell a digital version of it in our Kindle Store.
Learn more
Customer Reviews
|
Share your thoughts with other customers:
|
||||||||||||||||||||||
Most Helpful Customer Reviews
Share your thoughts with other customers: Create your own review
|
|
Customer Discussions
Beta (What's this?)
New! See all customer communities, and bookmark your communities to keep track of them.
|
This product's forum
(0 discussions)
Ask questions, Share opinions, Gain insight
Active discussions in related forums
|
||||||||||||||||||||||||||||||||||||||||||
Product Information from the Amapedia Community
Beta (What's this?)Be the first person to add an article about this item at Amapedia.com.
› See featured Amapedia.com articles
Look for Similar Items by Category
Transform Your Bathroom for Less |
 |
|||||||||
|
Your Recent History
(What's this?)|
You have no recently viewed items or searches.
After viewing product detail pages or search results, look here to find an easy way to navigate back to pages you are interested in. Look to the right column to find helpful suggestions for your shopping session. |
Continue shopping: Top Sellers
| ||||
| ||
| ||
| ||
| ||
| ||
