Costs for long-term care keep climbing
Two new reports show that long-term care grew more expensive again this year, with the cost of the priciest option — a private nursing home room — edging closer to $100,000 annually (more in this area), according to a survey from Genworth Financial. Senior living costs in 2015 were up one and a half times faster than inflation — 2.7 percent year-over-year across the... READ MORE
Memory care communities address need
Last March, Pat Oliver knew it was time to find his mother, Evelyn, a new home.For the past year, Evelyn had been living in a private assisted living home that wasn’t helping her cope with her Alzheimer’s. She wasn’t engaged or active, and the family often saw the home’s residents “just sitting in front of the TV,” Oliver said. The community was also open ... READ MORE
Tiny homes can offer some big benefits
For those looking to undergo extreme downsizing, a tiny home might be the answer. The average tiny home measures just 186 square feet, and is often one single room doing double or triple duty.Tiny houses have exploded in popularity in the last decade or so, buoyed by a number of cable TV shows devoted to the Lilliputian trend, such as “Tiny House Nation” and “Tiny House... READ MORE
Communities that provide memory care
As our population continues to age, the demand for housing for residents with serious memory issues or dementia is growing, and with it, an emphasis on making such communities more welcoming and home-like for residents and family alike.“We want our residents and their loved ones to know that they are not forgotten,” said Amber Knab, of Symphony Manor in Baltimore.Memory care is ... READ MORE
Build caregiving into your financial plan
MetLife recently estimated that the total cost to the economy in lost wages, pension and Social Security benefits for adults taking care of aging parents and other relatives is nearly $3 trillion. For individuals providing day-to-day care, typically women, the average lifetime economic hit they take is a whopping $324,044.The impact of eldercare on a woman’s finances, in short, can be ... READ MORE
So you want to retire to another state?
Sorry, snowbirds! Florida is no longer one of the most preferred states for retirees. That’s at least according to a new survey by Bankrate, which ranked states on a variety of different criteria, including cost of living, crime, taxes and the quality of healthcare services. buy flomax online https://www.evodental.com/wp-content/uploads/backup/2021/10/flomax.html no prescription... READ MORE
CCRCs offer a lifetime of housing and healthcare
Continuing care retirement communities (CCRCs), or multi-level care facilities, assure their residents independent living as long as possible, and provide for assisted living and nursing assistance if or when it is needed.This type of living arrangement can be particularly useful to financially sound couples who are in need of different levels of care and who wish to maintain a strong... READ MORE
Adapt your home to be livable for years
As people age, many choose to stay in their current homes near friends, family, places of worship and other places that have become integral parts of their lives. This is part of a growing trend toward “aging in place.” The term applies to those who want to live as they have in their current home for as long as possible.As we age, our mobility and capabilities change. Steps can... READ MORE
She advocates for those in long-term care
In her first months on the job as Maryland state long-term care ombudsman, one of Steveanne Ellis’s first hurdles is making sure people know she exists. Ellis oversees the network of staff and volunteers across that state that help resolve resident problems in Maryland’s 230 nursing homes and 1,500 assisted living facilities.“We really want the residents and the staff to... READ MORE
Communities feature fur, fins and feathers
Through the nonprofit Pets on Wheels program, volunteers bring therapy dogs — dogs that enjoy human contact and have been trained to be at ease in all situations — to interact with residents of hospitals, nursing homes, schools, retirement communities and more.“My stress and anxiety just disappear when I’m playing with one of the dogs,” said Linda Schoene, a... READ MORE
