I am in my mid-50’s and run a fairly successful practice. For the last two years I have been dealing with significant personal issues. My only brother is dying of cancer, my parents have both moved into nursing homes and we have a sick son who is in need of care. Given the number of advisors in my age category, I can’t believe my situation is unique but I don’t read about this anywhere nor do I know where to turn for support. I am maintaining my business but I can’t focus on growth. Any suggestions on how to find resources to help me?
— John G.
Let me offer my condolences for everything you are dealing with right now. It sounds very difficult. I agree that I have not seen much written on this topic or programs specifically set up for baby-boomer advisors who are also in the “sandwich generation” dealing with elderly parents and younger kids — and in your case, sick siblings too.
The truth is that illness arises in the family, this must become the primary focus. It is hard to get motivated or to start an aggressive growth plan when you don’t know the next time you will be called by the doctor and need to go to an appointment.
That said, there are a few things I will suggest that could help you continue to be committed to your family but also put an emphasis on your practice and growth plans.