Not only do people face nervousness and fear during retirement, life transitions, or job changes, but for those struggling with a relative who has an opioid addiction, it drastically increases stress. As discussed in my previous blog, this national epidemic has unfortunately impacted many of my friends, relatives, and clients. The purpose of this blog is to help outline a way to discuss your pain points with your financial advisor and seek guidance.
If a loved one is struggling from an addiction, you might be challenged each night with questions on how to help. Since you have good finances like many of my clients, you want to support and help. However, where do you draw the line between helping and enabling?
Below are some common pain points and questions you might experience:
- What is the best way to help a family member get proper help?
- What will it cost to support a loved one on the road to recovery?
- Can I continue to help my relative as I transition to retirement or a new job?
- Will giving my loved one inheritance money help or hurt their future?
- How can I make sure I have enough funds to help support my loved one during this time for the medical and life support they will need?
Which one of these questions resonates with you? Jot down which questions you feel relate to you the most and have them ready for your next meeting with your financial advisor.
While there are not simple answers to these questions, a good financial advisor can help you prioritize and plan. My priority is to make sure have the support and resources needed to openly discuss what they are experiencing.
Unfortunately, I am good at helping people who have been touched by this disease only because I have helped many who needed guidance on what to do.
If you have a family member struggling with an addiction, you are not alone. And I believe knowing you are not alone is the first step to breaking the silence to create the dialogue and support you will need in the future.