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Supporting Aging Parents

SC Public Radio
Mike Switzer, host of the South Carolina Business Review

According to AARP, nearly 1 in 5 adults in this country are providing care to someone 50 years or older. Even if your aging parents do not require formal care at that age, our next guest says that certain topics do deserve attention to ensure they are supported and set up to thrive. Mike Switzer interviews Ann Beckwith, a certified financial planner with Abacus Planning Group in Columbia, SC.

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.