Like many 50somethings, Dave Beck is a member of the sandwich generation.
“That means I am caring for my aging parents while supporting my own children—a situation lots of us are in now, or will be one day,” says the partner and insurance agent at the financial services firm Egan, Berger & Weiner, LLC.
From his vantage point, Beck sees up-close the importance of planning ahead for the inevitability of aging. In fact, Beck says, when he talks with his clients about planning for the future, their number one concern—almost unanimously—is to avoid being a burden on their loved ones as they age.
“What they don’t often realize is that by not taking the proper precautions, there is a real possibility that they will be a burden to all of the above,” insists Beck.
Watch as Beck helps us be prepared for what lies ahead as your parents—and you—inevitably age.