Staying Social and Stimulated in Retirement


If you’re looking at retiring soon, you’re probably excited and nervous—and with good reason.

While some of you might be planning dream vacations, others might be planning to downsize to

a smaller home. When you retire, you have more time for hobbies, but it can also bring on more

solitude. That’s why it’s so important that you make an effort to stay social and stimulated during

retirement. Fortunately, there are some fun, exciting ways that you can do both at the same

time.


Earn Extra Income

While in retirement, you can still bring in a certain amount of income. There are several great

ways to meet new people, stay social, and even earn some pocket change for your next big

vacation, but none quite as exciting and successful as working part-time as a real estate agent.

In fact, according to U.S. News & World Report, real estate is one of the most profitable and

popular second careers for seniors. You can meet new people while showing houses and enjoy

part-time work that keeps you energized. For more information, check out this informative guide

from Redfin.


Stay Active

Yes, there are going to be days where visiting with friends over coffee or tea is an ideal way to

spend a relaxing afternoon. However, be sure to balance that by getting active with your friends.

Taking fitness classes with your friends who are also enjoying their golden years is a double

win. You can catch up with your nearest and dearest, while also getting in exercise. Many

seniors’ health insurance plans come with access to senior-only classes, like Silver Sneakers,

where you can explore classes like water aerobics, yoga, and pilates. Taking fitness classes

with other seniors helps to ensure your golden years are filled with health, happiness, and good

friends.


College Bound

Many colleges and universities offer special discounts or programs for retirees who want to

broaden their horizons. Community colleges in particular can be a treasure trove of classes that

build new and exciting skills for seniors. Many of these courses are free or low-cost, which

means it’s easy to convince a friend to join you. Will you and a friend be going on an

international adventure? Take a class together that teaches the language you’ll be reading and

hearing (and maybe even speaking!) abroad.


Get Cooking

If your doctor frowns every time he takes your blood pressure, gather your friends to hone your

culinary skills together in a cooking class. You can sign up for a series, learning new dishes

designed to lower cholesterol or developing the skills it takes to transition to a vegan diet. You

can also take one course at time, learning a new and exotic cuisine with your friends, like

making sushi or paella. Often spending time with your friends, and sampling their handiwork, is

even more fun than learning new recipes and skills.


Master the Internet

Want to learn how to chat with your grandchildren on social media? Maybe you struggle with the

website that lets you communicate with your doctor or view medical bills online. You’re definitely

not alone. Many seniors feel uneasy with computers and the internet, especially when it comes

to safety. Taking a course with your friends not only teaches you basic computer skills, but it

also allows you time to bond with your friends over internet challenges and victories.

You’ve worked hard and long all these years and are starting to think about what you can do

with your extra free time. However, having that newfound free time is something you may have

to adjust to. With less structure, stimulation, and responsibilities, retirement as been shown to

hasten declines in mental health, as well as physical well-being. Taking classes with old friends,

while also making some new ones, is an exciting, enthralling way to enjoy this special, well-

deserved time in your life.


If you need to find care visit caregiverlist.com you can also find resources for seniors here

Seniors Behind $300M Heist

They’re calling it Ocean’s 64, the Old Man Heist, and dubbing them “Dad’s Army.”

On Easter weekend this year, a three-day banking holiday, nine thieves made off with one of the largest heists in Britain’s history. In a scene some are comparing to the movie The Italian Job, 73 empty safe deposit boxes were found in the vault at London’s Hatton Garden Safe Deposit. Their missing contents were jewels, gold, and diamonds worth about £200 million ($300 million).

Eight out of the 10 men arrested on suspicion of robbery were in court on May 19 and much was made of their ages — which combined is just shy of 500 years. The oldest of the defendants complained that they had trouble hearing what the judge was saying. Another, it’s been reported, limped so badly that prison guards had to help him to his seat.

I always said 80 is the perfect age to conduct a heist, but these men were no beginners. In fact, in the case of oldest suspect, 76-year-old Brian Reader of Dartmoor, Kent, it was a chance to make the heist into a family business, as son and fellow suspect , 50-year-old Paul Reader was supposedly part of the crew.

DAD'S ARMY': THE CHARGED MEN, AGED BETWEEN 48 TO 76

  • Hugh Doyle, 48
  • Paul Reader, 50
  • Daniel Jones, 58
  • Carl Wood, 58
  • William Lincoln, 59
  • Terry Perkins, 67
  • John Collins, 74
  • Brian Reader, 76

There’s no doubt it was a professional job, and The Mirror aptly nicknamed the thieves suitably cinematic names — Mr Ginger, Mr Strong, Mr Montana, The Gent, The Tall Man, Moped Man and The Old Man. The job was incredibly intricate and physically challenging. London's metropolitan police released pictures of the scene.

After the thieves entered a side door dressed as workers, disabled an elevator and rappelled down the shaft, while carrying an incredibly heavy and powerful Hilti DD-350 diamond coring drill to get through the vault and at the safety deposit boxes.

While we at Caregiverlist certainly don’t condone unlawful behavior at any age, after reading about so many senior scams and the variety of frauds perpetrated against the elderly, it sure is interesting to see the tables turn and read about some older gentlemen who continue to “work” beyond retirement.

Senior Communities Emerge on University Campuses

Not content with the retirement lifestyle of their parents’ generation, aging baby boomers are finding a viable alternative lifestyle on a variety of college campuses. Seniors are taking college courses, attending campus cultural and sports events, making use of college fitness facilities and university health services and enjoying inter-generational social interaction by going back to school in their retirement years.

Campus Continuum works with developers and universities in constructing mutually-advantageous university-branded communities, on or near college campuses. The mission is to help provide residences that foster life-long learning.

While most of these campus communities are categorized as Independent Living for active seniors, some, like Holy Cross Village at Notre Dame, offer Assisted Living, Memory Care and Skilled Nursing as well.

Two miles from Duke University in North Carolina lies The Forest at Duke, a continuing care retirement community. Their website describes the synergy between Duke and The Forest: “Cutting edge health care and the strong and diverse cultural arts and educational opportunities so close to us have profoundly shaped The Forest's culture.”

University Commons of Ann Arbor , a 92-unit condominium community near the University of Michigan campus, was founded by faculty members and built on land made available by the University.

Research shows that “healthy aging” has many components, but certainly keeping mentally active and enriched provides positive health benefits. This relatively new senior residence model is perfect for the baby-boomer generation who, as they age, still retain their intellectual curiosity, wish to pursue new interests or revisit forgotten avocations.

If you have questions regarding assisted living options, feel free to drop a line to Caregiverlist’s Assisted Living Expert, Lisa Sneddon.

, , , , ,

Senior Long-term Care Costs in U.S.A.

Where are the Best Places in America for Long-Term Care?

An annual senior care cost survey highlights U.S. states with the most affordable long-term care options.  It seems the heartland states, not the sunshine states, offer the most affordable and diverse care choices for seniors.

A regional gap exists in the U.S. between areas where people have access to a broad number of affordable, long-term healthcare options for seniors, according to a recent study by Genworth Financial.

The study, which involved more than 14,000 nursing homes, assisted living facilities, and home health and adult day health care providers nationwide, found that Midwesterners enjoy more budget-friendly long-term care options than their east and west coast counterparts. 

Here’s a snapshot of the top 10 states for nursing home care availability and choice:

1. Iowa

6. Oklahoma

2. South Dakota

7. Missouri

3. Kansas

8. Arkansas

4. Nebraska

9. Wyoming

5. North Dakota

10. Louisiana

 Other key findings from the study, as published by Genworth Financial, include:
  • The cost of care in a nursing home or assisted living facility continues to rise at a rate nearly twice that of the median annual inflation rate of 2.3 percent.  The annual cost for a private nursing home room is $74,208, or $203 per day, representing an increase of 4 percent annually since 2005.  At this rate, the cost is expected to exceed $270,000 a year in 30 years, when the nation's youngest baby boomers will be in their mid-70's.
  • It is important to do research to make sure you get the most out of your investment when selecting a nursing home for an aging loved one.  You may review our complete list of  nursing homes, including details on Medicare and Medicaid, the number of beds and the owner of the facility.
  • While nursing home and assisted living costs have risen sharply over the past five years, home care costs have remained relatively flat.  The hourly private pay rate for a non-Medicare certified, state licensed home health aides is $18.50. Since 2005, the cost for this type of care has increased an annual rate of just 2 percent.

You may learn more about quality standards for senior home care agencies and request rates and services in your area to find out the pricing in your area and other details.  This can assist you in planning for a loved one's care and developing a budget or exploring long-term care insurance options to assist with payment.
  , ,

Recession Provides Assisted Living Discounts

Today's Chicago Tribune features an interview with Caregiverlist's Senior Living Expert, Lisa Sneddon, discussing how the current economic downturn has resulted in new pricing values at Assisted Living Communities.  Since many seniors cannot sell their homes, their retirement plans to downsize and relocate to an Assisted Living Community have been derailed. 

However, there are now new options available for relocating to a senior community, from bridge loans until the senior's house is sold to waived move-in fees from the senior community. 

Lisa's service is paid for by the Assisted Living Communities as she will provide unbiased information to seniors and their families to give them the scoop on services and amenities at communities beyond just the costs - you know, if you are going to move in to a new community, it is the same as buying a house, you want to know a little about the neighbors and the community activities.  And, it is important to consider the care services that will be available as you age - from dementia care to nursing care.  Lisa will take the senior on a tour and will answer all the questions you might have been afraid to ask if you were shopping on your own.  She helps make sure the move-in will be a success and permanent.

Check out the Chicago Tribune story here.

 

 

, ,

Living to Age 100 Becoming Common

One of Caregiverlist's employees will be taking time off next week to visit her 100-year-old Grandmother who will soon turn 101.  Reaching age 100 doesn't receive as much attention as it did when my great-grandmothers turned that age.  Instead, reaching age 105 or 110 grabs the limelight now because more and more seniors are living to be 100.

According to the U.S. Census Bureau, the population age 65 and older is projected to double between 2000 and 2050.  We have modern medicine to help us age a little better and with advances in nutrition and an easier lifestyle, Americans can expect to live way past retirement age.

This means seniors who retire in their 60's need to plan for their next 40 years - life is far from over at retirement.

The news media has picked up on a story about a Chinese senior this week.  The Chinese woman, at age 107, decided that she is interested in getting married because she does not want to be a burden on her relatives now that she can no longer do everything for herself.  She apparently did do all her own laundry and household tasks until recently.........although perhaps a husband is not the answer for help with those things?  I don't know, maybe it works differently in China.  In a country where arranged marriages are a common practice it is very impressive she has waited this long.  I wish her luck! , ,

A Caregiver

The number of people aged 65 and older who have moved from one state to another in the last decade has increased by 65%, accrording to a national survey by one of the leading long-term care insurance providers.  Retirement brings many choices for living options, from relocating to a warmer climate to moving to be closer to family.  At the same time, with many advancements in medical care and the availability of more medications to treat age-related ailments, we are living better longer.

As the new year begins, it is a good time to talk about what type of living situation your senior family members would like if their care needs change.  Medical emergencies can always arise and it is added peace of mind to already have had the conversation with your loved ones about where they would like to receive care.  Do they wish to have care provided in the home and do they want to move to assisted living?  My mother's parents were more progressive and made the move to downsize and sell their home and move to be near my Aunt as they began to experience more health problems.  This was a welcome move as they lived hours away from the nearest family member.  Especially if you do not live in the same city as your senior relatives, you should discuss the plan for care and make sure everyone understands the senior's wishes.

My Grandma ended up being a caregiver to my Grandfather, who suffered from memory loss, for several years and she set the example for the rest of us to plan ahead, and, to be there in sickness and in health.

Happy New Year!

, ,

Planning for a 30-Year + Retirement

As the financial markets fall, many retirees are very concerned as they watch the value of their investments fall by 25% or more.  In addtion to investments in the stock market, many maintain the bulk of their assets in home ownership and have watched real estate values decline as well.  While Social Security benefits provide some support, they do not allow a senior to enjoy the same income they did prior to retirement.

According to the U.S. National Center for Health Statistics, life expectancy in the United States is at a record high of 77.8 years and will continue to increase.  As a country of wealth and knowledge, we know how to stay alive longer, although we may not always remain in optimal health for all of these years.

Remember as you plan for retirement to keep in mind you most likely will need resources for at least another 30 years after you retire.  Outline your investments, and your plan for healthy living accordingly.  And remember, if you were to run out of money completely and need support for long-term care, the U.S. does offer Medicaid as a benefit for very low-income seniors.  Medicaid does provide for long-term care in a nursing home and in the home, too, in a handful of states.

 

 

 

 

, ,
Log in