The Financial Checklist Every Caregiver Needs — Part 1 with Finance Expert, Rob Carrick
Money is one of the hardest parts of caregiving to talk about, but it is also one of the most important.
In this episode of The Hart of It All, Teri Hart sits down with longtime personal finance expert Rob Carrick for part one of a two-part conversation about the financial realities of aging, caregiving, and planning for the future. From aging in place to retirement homes, long-term care, home equity, personal support workers, and the hidden costs families often do not see coming, Rob explains why the question is not just “What do we want?” but “What can we realistically afford?”
Rob also shares a practical financial checklist for adult children supporting aging parents, including what to know about joint bank accounts, monthly expenses, power of attorney, investments, taxes, beneficiaries, and current ID. It is a conversation about preparation, clarity, and having the money talks before a crisis forces your hand.
Whether you are caring for a parent now or trying to plan ahead, this episode will help you understand the financial decisions that can shape care, housing, and peace of mind. And because there is so much to cover, Rob will be back next week for part two, where he and Teri dive deeper into RRIFs, home equity lines of credit, reverse mortgages, and the tax implications families need to understand.
Resources:
Follow Rob Carrick:
Website: https://robcarrick.ca/
Substack: https://robcarrickpf.substack.com/
LinkedIn: https://www.linkedin.com/in/rob-carrick-66a6a017/
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Co-Executive Produced by: Carrie Hayden & Jess Carroll of 6of1 Digital
Instagram: https://www.instagram.com/6of1digital
Website: https://www.6of1digital.com/
I’m here to share stories and conversations, not medical or professional advice. I’m not a doctor, therapist, or licensed professional, and this podcast is NOT a substitute for guidance from qualified experts. Please seek out professional support when you need it. Take care and I’ll see you in the next episode.
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🟡 About The Hart of it All
A podcast about navigating the realities of caregiving.
No one should have to do it alone. That’s the heart behind The Hart of It All, hosted by Canadian broadcaster Teri Hart. Inspired by her own experience caring for her dad and helping her mom navigate a new reality, Teri shines a light on the stories, resources, and conversations caregivers need most.
From doctors and nutritionists to fellow caregivers living it every day, each episode offers guidance and connection. Honest, supportive, and grounded in lived experience, The Hart of It All is here to remind us that caring for each other is something we’re all in together.
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