Shades of Grey: The Value of Care
As we live longer and the cost of healthcare increases, where would we turn to for support? For many, that responsibility falls largely on their family members. More often than not, these caregivers are those that belong to the sandwiched generation, ones with their own family and children that they are taking care of. In addition to helping with daily chores, many also provide financial support, with monthly contribution averaging $403, according to the latest study by RBC Wealth Management.
In this episode of Shades of Grey, Theodora Lau and Arun Krishnakumar talk to Evin Ollinger, CEO of Golden. Evin is an executive with high growth track record in startups and Fortune 500 companies. He has led two companies to successful exits namely, DistribuPro and Chronos Software.
Evin describes his journey to founding Golden, and his vision of the firm. Imagine if your loved ones end up in the emergency room, and you were to take charge of their financial obligations, would you know what bills they have and when they will become due? Do you know where they hold their financial assets or if they have a safety deposit box? And how do we overcome the challenge of living apart – and ensure that our loved ones continue to live independently and with dignity?
Listen in to hear Evin's views on how Golden solves the challenges around Financial Caregiving.