July 2022 - Vol. XIV

Dear Financial Feminists, 

We hope this finds you amid a glorious summer full of respite and relaxation.

Summer for me, is always a time of reflection. This past year has brought a lot of change for me, having lost both of my parents to longstanding health issues. Given that I cared for both in my home at different stages of their illnesses, friends, juggling similar responsibilities have recently reached out for advice. While I share that I am infinitely grateful for the opportunity to have walked my parents out of this life with the same care they brought me into this world, looking back, I do wish I was better prepared for the responsibilities and caretaking journey that was ahead.

In this spirit, we are dedicating this issue of Gleamings to all of you who are currently caring for aging parents or may play this important role in your future. Don’t miss this excellent review on recognizing the 11 Early Signs of Dementia and a neurologist's tips on how to best to protect your memory. We particularly enjoyed this thoughtful article on what aging parents really want from their kids, as well as issues to consider when caring for them, including managing their finances especially during times of high inflation. While it is always difficult to lose a parent, these articles do an excellent job of distilling the most important issues to consider when they pass and exploring what it really means to die with dignity. Further, we highly recommend the book Being Mortal by Atul Gawande as it brought me both great insight and comfort as I was navigating end of life decisions for both of my parents at different stages of their disease.

Finally, don’t miss our Financial Feminism Webinar coming in September, which features a conversation with author Ryan Frederick on his excellent book Right Place, Right Time: The Ultimate Guide to Choosing a Home for the Second Half of Life which explores the role of caretaking deeply and gives useful, tangible tips for preserving independence and well-being as you age.

In Solidarity,

Amy & Sheila

Financial Feminist of the Month

Mary McLeod Bethune

Mary McLeod Bethune was a passionate educator and presidential advisor. In her long career of public service, she became one of the earliest black female activists that helped lay the foundation to the modern civil rights movement. A statue of her has been added to the collection in Statuary Hall at the US Capitol. She is the first Black American to be given the honor. Read more on the legacy of Mary McLeod Bethune.

On Caring for Aging Parents

Managing Elderly Parents' Finances

Read | Money Geek - Helping parents with their finances as they age can be very sensitive - when and how are often hard to determine.

What Aging Parents Want From Their Kids

Read | The Atlantic - While intentions may be good, there is a fine line between caring and controlling when it comes to helping our parents in their later years.

11 Early Signs of Dementia

Read | healthline - Know the signs of dementia

After an Alzheimer's Diagnosis, Her Husband Asked for Help to Die With Dignity

Listen | Fresh Air - This is a touching and honest conversation about one woman as she helped her husband die with dignity

A Neurologist's Tips to Protect Your Memory

Read | NYT - Protect your memory with these tips!

Issues to Consider

For Your Aging Parents

View | fpPathfinder - Just getting organized around helping your parents can be overwhelming - here's a checklist to help get you started.

When a Parent Passes Away

View | fpPathfinder - Losing a parent is is not easy - this checklist can help alleviate some of the stresses.

Insights on Inflation

Inflation Tracker

View | WSJ - Here is a great tool to help you find your personal inflation rate!

What Issues Should I Consider During Times of High Inflation?

View | fpPathfinder - Is there anything you can do to help combat inflation?

Recommendations From Our Financial Feminists

What Matters in the End | Being Mortal

An excellent read by Atul Gawande on the honest truths about modern medicine and how to live a good life until the end.

Choosing a Home for the Second Half of Life | Right Place, Right Time

Another one for the book worm! This guide by Ryan Frederick details the importance of being in the right place as you or a loved one ages.

Sit Back and Relax | How to Buy a TV

With so many bells and whistles, knowing which tv works for you can be hard.

Get Active | The Best Workout Leggings

We love a good pair of leggings!

Upcoming Webinars

H1 2022 Market Review

BakerAvenue addresses what has happened during the first half of 2022 and where the second half might be heading. Register for the live webinar August 10.

Caring for Aging Parents

Join BakerAvenue's next Financial Feminism MasterClass series live webinar on caring for aging parents. Stayed tuned for the September date and announcement of our notable guest.

The Financial Feminism Network

Read and view our introduction to BakerAvenue's Financial Feminism MasterClass series.

FINANCIAL FEMINISM

The theory that both women and men should benefit equally from engagement in financial markets. Our goal is to empower women financially in creative and dynamic ways to live a life they design with intent and purpose.

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When you need to discuss your personal and professional life transitions, BakerAvenue is here for you.

Since 2004, BakerAvenue has guided clients through personal and professional transitions. Our firm provides comprehensive wealth management and investment expertise for high-net-worth individuals, families, trusts, foundations, and endowments.

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