According to statistics, 90% of women’s income is invested back into their families for nutrition, education, and healthcare. As the mother of a high school junior, I can definitely attest to this. We women are naturally caregivers. Unfortunately, this generosity can strain our well-being and financial future.

This episode’s guest is Cathy Sikorski, an Elder Law attorney, blogger, and video influencer who makes complex legal and financial issues digestible and helps you to avert a crisis in caregiving, aging, and retirement.

Among the wisdom Cathy shares:

How being a caregiver to families is a dubious honor because of the accountability
Long-term care insurance as an important safety net for self-employed caregivers
Why it’s essential to get powers of attorney in relation to your finances and healthcare

Let’s avoid the financial pitfalls that surprise too many women due to our selflessness. As the saying goes, “You need to secure your own mask first before assisting others.” That is the most loving thing you can do.

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More About Our Guest

Cathy Sikorski, an Elder Law attorney, blogger, and video influencer distills complex legal and financial issues and helps you to prepare before a crisis in caregiving, aging and retirement. Sikorski has written three books, the most recent book 12 Conversations: How to Talk to Almost Anyone About Long-Term Care Planning was released October 2021. Sikorski has educated financial, long-term care, insurance, and HR professionals, caregivers, social workers and many more about serious planning.

Her appearances include television, radio, and podcasts. She was featured on Huffington Post, AARP, written a one-act play for Writers Theater of New Jersey, and is a SheSource expert for Women’s Media Center in Washington, D.C.