CONTACT: Pamela D. Wilson 888-393-7754

Email:   Inquiry_For_Pamela@pameladwilson.com

Golden, Colorado – September 16, 2019

The Caring Generation® Talk Radio: When Work and Caregiving Collide

Golden CO- Caregiving expert, Pamela D. Wilson hosts The Caring Generation radio program for caregivers and aging adults this coming Wednesday, September 18, 2019, on the Bold Brave Media Global Network. The program airs live at 9 p.m. EST. The Caring Generation® originally aired from 2009 to 2011 on 630 KHOW-AM in Denver, Colorado.

The caregiving topic for this week's program is "What to Do When Work and Caregiving Collide." The legal topic answers the question, "What is Probate?"   

Working women, who are also caregivers, take care of elderly parents, husbands, and raise children.  Spousal caregivers, often called 24/7 caregivers, have never-ending days that mirror the responsibilities and work of a full-time job but without the pay.

The question is, who is caring for the caregiver? Who is talking to women about work-life balance and being a caregiver? Who is talking to women about retirement and financial planning? Who is talking to women about health and wellness that is an essential component of being a caregiver?

Work and caregiving collide when working women caregivers bear the majority of care responsibilities in the family. Society does not make women's needs related to the role of caregiving a priority.  A dominant belief prevails that "caregiving is women's work."

Statistics from a report, Women & Financial Wellness, cite that the average woman spends 44% of her adult life out of the workforce compared to 28% for a man. This time out of work relates to caring for children, elderly parents, and spouses. 

Most women will outlive men. Women should have a financial strategy for retirement and for costs of care when health fails. Many do not. Conversations about caregiving, health, well-being, and planning for costs of care are rare within families until situations arise to force these discussions.

Men who represent 40% of caregivers, hesitate to have these conversations until an issue with an elderly parent forces the conversation.  The assumption is that a wife or women in the family will take care of elderly parents.

Conversations with women about financial planning and money management are lacking. Women feel ignored by the financial industry that caters to men even though women make 85% of all consumer spending decisions.

The long term earnings and savings potential of women who are family caregivers and work full-time is significantly lower than men because of time out of the workforce. Little discussion, if any, occurs about who will care for women after they have cared for elderly parents and spouses. 

Many women struggle to get by financially after a spouse passes away or when retired and single. Women represent the majority of residents in nursing homes with care reimbursed by the public program of Medicaid. The proliferation of women living in nursing homes at the end of life confirms that the answer to "who is caring for the caregiver" is  -- no one, not even family.

Being a family caregiver is work—unpaid work. Working women caregivers on average spend 20-40 hours outside of work to care for elderly parents. For working caregivers, being a family caregiver is like holding down a second job with the benefits of love and feelings of duty and responsibility.

Working and being a caregiver result in situations where decisions about work and caregiving collide. Many women consider leaving the workforce to care for elderly parents. Women should be -- but are not -- advised to seriously consider the impact of caregiving on their long term well-being and financial lives. 

Each week, Caring Generation® radio features a special guest. On September 18, Daniel Collins joins the program. Daniel serves as a court-appointed receiver for the superior court in California. He supports attorneys, professional fiduciaries, and family members who serve as personal representatives, executors, and trustees to settle probate and trust estates. He is the author of the book Probate & Trust Estate Administration Tips & Tricks.

Joining The Caring Generation® radio program is a way everyone to become comfortable talking and laughing about aging, health, caregiving, and everything in between. There are many things to learn about life and being a caregiver.  Pamela's approach to caregiving is authentic and light-hearted. She believes that serious subjects benefit from humor and laughter. 

Make plans to join Pamela D. Wilson, caregiving expert and the host of The Caring Generation® radio at 6 p.m. Pacific, 7 p.m. Mountain, 8 p.m. Central, and 9 p.m. Eastern.  Replays of the weekly programs are available in podcast format with transcripts on Pamela's website.  More information about online support and online courses for caregivers is available on Pamela website.  Podcast replays are available on I-Tunes, Spotify, and other distribution networks.

#