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Caring for Others in Retirement
One major bump in the road for the retired is the continued care of a loved one that cannot care for themselves. When setting a retirement plan in place it is important to know who else may be in your care. The average caregiver spends up to $10,000 of their own income yearly on the loved one in their care. This problem compounds on itself if the caregiver’s reason for retirement or reduced working hours is to offer more help to the person in their care. For more information on this subject visit Linda Koco with insurancenewsnet.com.
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