Jill on Money with Jill Schlesinger Full-Time Caregiver, Will I Be Okay?
Feb 23, 2026
Annie, a full-time caregiver for her parents who juggles part-time work and a disability pension. She explores pensions, Social Security timing, cash flow, paying down a loan, and whether her savings and home situation will keep her secure. Short, practical next steps are discussed along with how caregiving might factor into family estate splits.
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Compare Guaranteed Income To Monthly Spending
- Track monthly expenses and compare to guaranteed income to gauge sustainability.
- Annie's $4,000 monthly expenses versus roughly $6,000 income means she's currently saving and not tapping retirement accounts.
Caregiver Reliant On Tax Free Disability Pension
- Annie receives a tax‑free disability pension of $5,200 monthly with a COLA and small part‑time income of $800–$1,000.
- She also expects Social Security (~$896 at 67, $1,250 at 70) and manages her parents' finances while caregiving.
Sell Nonretirement Stocks To Eliminate High Interest Debt
- Sell the $17,000 non-retirement investment account to simplify finances.
- Use proceeds to pay the $9,200 Echo loan, accept any capital gains tax, and move remaining cash to savings for peace of mind.
