To Wendy, the aging of Americans is not some abstract concept, but a personal reality. In addition to her many roles in life, she is now serving as a caregiver for her aging parents. Being a caregiver encompasses a wide range of duties, from maintaining medical records to being a patient advocate. It’s an important responsibility that requires the careful budgeting of two precious commodities – time and money.

We would assist with the financial side, helping Wendy manage not only her own money, but her parents’ assets as well. Do they have money saved to handle healthcare costs? Do they prefer to live at home or in an assisted living center? We would help Wendy identify her expenses, set a budget, manage cash flow, and balance short-term needs with her long-term goals such as her own retirement.

This investment profile is hypothetical and not indicative of any specific situations or clients. It is presented only as an example and not intended as investment advice. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Raymond James financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.