The Personal Cost of Caregiving: Women Need to Protect THEIR Retirement Too! – Cindy Hounsell

The Personal Cost of Caregiving: Women Need to Protect THEIR Retirement Too! - Cindy Hounsell

The Personal Cost of Caregiving: Women Need to Protect THEIR Retirement Too! – Cindy Hounsell

In an estimated 36.5 million households across the country, an adult is providing unpaid care to a family member.

Sixty-six percent of those caregivers are women, according to the “Caregiving in the U.S.” study by the National Alliance for Caregiving. Caregivers spend on average 20 hours each week providing care, leaving them with less time for paid work.

In sum, caregiving has serious financial consequences and it is important for women to understand the consequences and to take steps, whenever possible, to protect their retirement security.

What can be done to protect the retirement security. personal financial and retirement consequences experienced by caregivers who provide unpaid care to family members?

In this session with you’ll learn how:

  1. Female caregivers forfeit pay and benefits, pensions, miss out on opportunities for compounded returns on 401(k) matching contributions, and experience reduced savings and investments.
  2. 70 percent of caregivers experience disruptions in their job, including being late, leaving early, reducing work hours, leaving their jobs completely, and losing job benefits. These negative consequences are compounded by the reduced Social Security benefits available during retirement.
  3. To help women plan carefully before leaving a job/working part-time to caregive.

Cindy Hounsell, JD, President of WISER – Women and Retirement Advocate and Expert , Behavioral Research Associates, LLC Cindy Hounsell, JD, President of WISER – Women and Retirement Advocate and Expert

Cindy Hounsell, JD, Cindy Hounsell, JD, President of WISER, the Women’s Institute for a Secure Retirement. Ms. Hounsell provides technical assistance to several national organizations, as well as provides training to leaders and grassroots advocates around the country as part of her role as director of the National Education and Resource Center for Women and Retirement Planning, funded by the U.S. Administration on Aging.

Check out what Financial Advisor reporter Karen Demasters said in this Financial Advisor article after she attended Cindy Hounsel’s webinar!

Moderator: Betty Meredith, CFA, CFP®, CRC®, Int’l Retirement Resource Center

1 hr CFP®, CRC®, and other CE Credit Reporting

We will report your CFP® and/or CRC® credit (no additional reporting fee) – please add your ID at checkout. You are responsible for reporting all other certifications for CE credit.

The Personal Cost of Caregiving: Women Need to Protect THEIR Retirement Too! - Cindy Hounsell

The Personal Cost of Caregiving: Women Need to Protect THEIR Retirement Too! – Cindy Hounsell

Authorize.Net

Authorize.Net

Overall Rating: 4.2 / 5

Retail: $29.00    Add to Cart

Video and audio MP3 formats available

MP3 Audio Download and PDF handoutSpecifications:   60-minute webinar course

Elearning coursesSKU:   03IRRCCaregivingWomenElearn13

MP3 Audio Download and PDF handoutKnowledge Level:   2 – Overview

Retirement Resource Center Risk Free GuaranteeYour satisfaction guaranteed: We know that you will be pleased with your purchase of this product. If, however, you are not completely satisfied notify us within 30 days of your purchase to receive a full refund of your fee, less any CFP® CE reporting fees for courses that were filed prior to membership cancellation.

Leave a Comment (0) ↓