4 Key Aspects Senior Couples Should Consider Before Getting Married

Author

Assured Senior Living

Posted on

Sep 28, 2022

Book/Edition

Colorado - Denver Metro

The expression – love knows no bounds fits perfectly for couples looking to tie the knot in their golden years. Compared to marrying young, as a senior, you’re bound to have much more financial stability and a stronger understanding of who you are as a person. As a result, you can dedicate the majority of your time to living the best life with your significant other. For older couples on the cusp of marriage, this article will explore key considerations to be aware of before starting the next chapter of your life.


This resource guide is just one example of the great content you can find on the Assured Senior Living website.

Take a Call on Finances

The big question to answer will be whether to combine your finances or not. Merging finances is not as simple as pooling money into the same savings accounts, you’ll need to take a call on:



  • Managing day-to-day expenses such as home maintenance, groceries, utilities, etc.
  • Whether to add your spouse’s name on assets such as a second home, investment property, 401(k) plan, and more.
  • If either of you have debt, decide whether the individual will be solely responsible for repaying it or will it be repaid using pooled resources.


Additionally, be open about your future investment plans, such as expanding your portfolio, buying property, etc., and ask your spouse to do the same. Make the necessary tweaks and create a new financial plan which serves as a pathway to reach goals as a couple. 


Given the complexity of this process, consider working with a financial professional who can help make a solid plan and educate you on how to manage money as a new couple.

Review Medicaid Benefits

If you or your spouse currently receive Medicaid, take into consideration how the marriage will impact the benefits you receive. As reported by Medicaid.gov, this is a public health program catered toward helping low-income individuals, but its eligibility is calculated based on total household income. Hence, if the annual income of your new household exceeds the maximum threshold, you may no longer be eligible for Medicaid.


In this scenario, it is important to make a clear plan on how healthcare requirements will be managed in the future. The best options include:



  • Applying for good health insurance, which can be taken separately or as a couple.
  • Use your employer-provided health insurance to cover healthcare needs. As coverage varies among companies, it’s best to speak with the employer to understand the viability of this option.

Create Future Plans

With a partner by your side, the future will look different than before. While you don’t need to follow plans to the T, it’s good to create several mutually shared goals to work towards in the golden years of your life. These can include:


  • Starting a Business: If the entrepreneurial spirit burns bright in both of you, starting a business can be a great option to consider. Given decades of work experience, both of you will bring unique skills and experience to the table that will help make the business successful. In addition to serving as the primary or secondary source of income, managing the business as a couple will result in you spending the majority of time with your better half each day.


When it comes to promoting your business, the essentials will include designing a responsive website and leveraging social media advertising. There are various online tools through which you can create a Facebook ad in seconds. 


  • Buying a Home: While moving in with your partner is always an option, relocating is an exciting prospect to consider. This can involve moving to a state both of you always wanted to live in, or making the move away from the city to spend your retirement years in peace in the suburbs.


The home buying process can be tedious, as it may involve selling your current home, applying for a mortgage, and much more. Hence, it’s best to start early and create provisions in your financial plan.

Consider a Prenuptial Agreement

While this may be an uncomfortable topic to bring up, discuss the need for a prenuptial agreement (prenup) with your partner. As reported by Nolo, a prenup is a legal document that includes details regarding the financial assets of each individual and conditions attached to them in the event of divorce or bereavement.


Here are prominent reasons you can consider creating a prenup:



  • Assets from Previous Marriages: Individuals with children from prior marriages can use prenups to clarify how assets will be distributed in the event of their passing. Without a prenup, property rights typically pass onto the significant other, which creates the possibility of a future legal dispute.
  • Protection from Debts: Prenups can also be used to protect yourself from being held liable for the repayment of your partner’s debts. 


While you may be counting down the days to the wedding, before making it official, take the time to make a plan regarding the above-mentioned aspects to ensure you and your partner are secured for the foreseeable future.

Other Articles You May Like

Why Is Staying Hydrated So Difficult for Seniors?

Hot summer days are a good time for everyone to think about staying hydrated. For older adults the topic of hydration is a year-round discussion that never goes away. Its a serious issue for most seniors but doesnt get resolved because it needs to be addressed every day and cant be solved with a pill.Seniors have a very high risk for dehydration, which is one of the most frequent causes of hospitalization after the age of 65. They have a greater risk of dehydration for many reasons, including the fact that as we age, our kidneys become less efficient at conserving fluids, our sense of thirst weakens, and we are less able to adjust to changes in temperature. Some medications like diuretics, sedatives, and laxatives can also cause increased fluid loss.Dehydration can cause temporary symptoms that mimic symptoms of Alzheimers. If dementia-like symptoms seem to appear suddenly, it could be dehydration which is easily curable.Symptoms of dehydration range from minor to severe and include persistent fatigue, muscle weakness, headaches, dizziness, nausea, forgetfulness, confusion, lethargy, increased heart rate, sunken eyes, dry mouth, dark colored urine.  Urine should be clear to pale yellow. I tell my clients that if their urine is darker than pale yellow, they should head straight to the kitchen from the bathroom and drink a full glass of water.  Keeping a glass of water beside you all day to sip on rarely results in someone drinking enough fluids.  Its more effective to drink the entire glass, even if its a small glass.  Seniors cant rely on their sense of thirst to tell them when to drink water.  Scheduling a glass at each meal and/or after a bathroom visit, making sure to drink the full glass, is the best way to make sure youve gotten your full daily amount.If you have any questions, please call us at 303-444-4040. 

Isolation in the Aftermath of the Pandemic

Isolation and loneliness are not new concepts to those who work in the field of aging. And, as a result of the COVID pandemic, almost everyone, regardless of age, experienced some form of isolation and loneliness. Many of us were separated from family, friends, and coworkers for so long that the isolation left a nearly permanent mark. As a senior service provider, Cultivate has seen, firsthand, the negative effects isolation has had on our senior clients. We have also seen the power of healing that the volunteers provide when they take time to build connections with our clients. According to the CDC, loneliness and social isolation in adults can lead to serious health conditions beyond the effect it has on mental health. The senior population has been disproportionately affected by isolation for years, and it is only in the aftermath of the pandemic that much of the population can begin to understand. Society saw a surge in volunteerism during the beginning of the pandemic because many people were struggling with the loneliness of quarantine while becoming very aware of the fact their neighbors needed help. However, that surge ended, and non-profits are finding a significant reduction in the number of new volunteers. Many forget that just because most of the population is no longer quarantined, this does not mean that the issues of isolation have disappeared. There are different ways that the community can get involved to help reduce isolation and loneliness in seniors. This work can start by reaching out to family, friends, and neighbors. You never know how much of an impact your time and words can have on someone. Volunteerism is also a good way to reach people who need the most help. Often the volunteers get as much out of their experience as those they are helping do. Whatever you choose, remember that we all know what it feels like to be lonely, and we all have the power to relieve the loneliness of others. Editors Note: This article was submitted by Carly Marquis. Carly is the Director of Volunteers with Cultivate and may be reached at 303-443-1933 or by email at cmarquis@cultivate.ngo.

3 Contemplative Practices to Strengthen Wellbeing

Written by: Patti Chenis, WEC Team SupervisorContemplative Practices/ meditation/mindfulness are beneficial ways to strengthen our wellbeing, resilience, and develop a fuller capacity to recognize the healing power in ones heart to work with stress and difficult challenges.Mindfulness is knowing what you are doing as you are doing it. It is bringing awareness to your present moment lived experience. Bringing our attention to breathing is one of the most widely used objects of meditation and anchor for our attention. Continually coming back to the attention and awareness of our breath brings a sense of precision, (being in the present moment-connecting to our life force of breath) gentleness, (allowing whatever is arising e.g. thoughts, emotions, sensations to be as they are without judgement and returning to our awareness of breath) and openness ( being curious about the richness and fullness of our experience).Mindfulness can be developed as a formal practice on meditation cushion, chair, standing up, lying down or walking meditation. The point of meditation is to remember to bring mindfulness (that conscious awareness of being in our present lived experience) into daily life, so you could say any aspect our lives can be a mindfulness practice.Her are some thoughts about bringing mindfulness, loving kindness, self-compassion and compassion into daily life.Deep Conscious BreathsTaking some deep conscious breaths in the morning or whenever you feel stressed, anxious, overwhelmed or want a fresh restart in you daily life. Before you do something stress- full, step back and take some deep breaths; research shows deep breaths calm the nervous system.MovementWalking (especially getting out and enjoying nature), yoga, tai chi, qigong, dancing to your favorite music, laughter (full belly laughs can do wonders for the spirit-try it), singing your favorite song(s); crying (allow yourself to feel the release that crying can bring e.g. tears of sadness, joy) whatever gets your energy moving and flowing.Self-compassion and compassion practicesDispel the myths that self-compassion is selfish or that we are not worthy of love and wellbeing. Research show that offering words of loving kindness to oneself changes our brain and improves our resilience, strengthens our immune system and increases our capacity to be of benefit to others. When we feel resourced and have a sense of well-being our capacity to work with stress and difficult emotions is greater.Good morning Practice:Good morning (put your name here) I love you. You can repeat this in the morning or anytime during the day to interject some good will toward oneself or someone else in your life if it is difficult to say this about yourself at first.Compassion is not only feeling empathy and emotional connection to the suffering of others but also wanting to relieve that suffering. It is the courage to open our hearts to our own suffering as well as that of others and that we are all interconnected, in the same boat so to speak. We can offer words of care and loving kindness to ourselves, mentors (someone who has been kind to us) friends, strangers, difficult people, as well as to all beings as we open our heart of compassion to include all. May I and all beings have happiness, well-being, safety, health and live at ease and in harmony.

Local Services By This Author

Assured Senior Living 3

Memory Care 815 Tarpan Place, Castle Rock, Colorado, 80104

MEMORY CARE WITH A MISSION - LOVE IT'S WHAT WE DO! Maybe youve already sampled the typical memory care routeonly to find your concerns were more than founded.  Instead of thriving, your loved one declineddeprived of the love, comfort, and consideration they once enjoyed. Isnt there a better way? you wondered, hopeful a new path might emerge?Your decision to transition your loved one into memory care wasnt made lightly.  You acted out of selfless love knowing you could no longer provide the level of daily care they needed to remain safe and independent in their own home. Still, the thought of watching your once-vibrant loved one fading, locked away to stare at the walls in the dreary institution, makes your heartache. No one should be forced to choose between a loved ones safety and quality of life. Your decision to transition your loved one into memory care wasnt made.At Assured Senior Living, you can be assured of our quality care in a safe, secure environment, as well as peace of mind knowing your family member will receive the comprehensive services, personal care, and emotional support he or she needs, 24 hours a day. (*Including awake staff). Our innovative program provides the structure and routine needed to ensure feelings of security and certainty in day-to-day life. Please call for a personal tour of how Assured Senior Living can meet your loved one's unique needs.

Assured Senior Living 13

Memory Care 6751 West 65th Avenue, Arvada, Colorado, 80003

Assured Senior Living  - 6 Traumatic Brain Injury  Homes in  ArvadaTired of feeling defined by your traumatic brain injury, or witnessing your loved one be reduced to a collection of outward behaviors and symptoms?   Its time to experience the whole-person care difference. At Assured Senior Living, we offer supportive living and care for individuals with brain injury. We understand the complexities traumatic brain injuries can presentand offer personalized, compassionate care to help our valued community members thrive. And, were backed by the Assured Senior Living namean industry leader in top-quality senior living and care. If you or a loved one has experienced a traumatic brain injury and youre looking for the very best option in supported living and careyouve come to the right place. Here, our individualized, positive living model embodies our awareness of person-first care. Because we believe in the sayingIf youve met one person with a brain injury, then youve met one person with a brain injury.   No two people are alike, and no one should ever feel defined or stigmatized by an injury or diagnosis. Our Assured Traumatic Brain Injury Supported Living community members enjoy the comforts of a peaceful, home-like setting, with easy access to relaxing indoor and outdoor spaces to gather with friends and family. Our customized programs promote residents health, socialization, and quality of life. We uplift our valued community memberscelebrating their many strengths and offering support when needed. At Assured Senior Living, we believe in ensuring  assisted living facility residents our supported with compassion and respect. Our staff of specialists is dedicated to learning and implementing the latest philosophies as they assist residents in transitioning through the various stages of dementia and aging.Living with dementia provides its own unique set of obstacles. Our staff understands the importance of supporting our residents and their families throughout the process.  If you love someone whos coping with the effects of a brain injury and are concerned youll be unable to find the quality care they deserveAssured Senior Livings brain injury supportive living will allow you to finally put your mind at ease. Services at Arvada assisted living are all-inclusive. There are no itemized extra costs or rate increases for each calendar year. We have multiple Assured Senior Living facilities in Arvada.

Assured Senior Living 9

Memory Care 5286 South Andes Court, Centennial, Colorado, 80015

MEMORY CARE WITH A MISSION - LOVE IT'S WHAT WE DO! Maybe youve already sampled the typical memory care routeonly to find your concerns were more than founded.  Instead of thriving, your loved one declineddeprived of the love, comfort, and consideration they once enjoyed. Isnt there a better way? you wondered, hopeful a new path might emerge?Your decision to transition your loved one into memory care wasnt made lightly.  You acted out of selfless love knowing you could no longer provide the level of daily care they needed to remain safe and independent in their own home. Still, the thought of watching your once-vibrant loved one fading, locked away to stare at the walls in the dreary institution, makes your heartache. No one should be forced to choose between a loved ones safety and quality of life. Your decision to transition your loved one into memory care wasnt made.At Assured Senior Living, you can be assured of our quality care in a safe, secure environment, as well as peace of mind knowing your family member will receive the comprehensive services, personal care, and emotional support he or she needs, 24 hours a day. (*Including awake staff). Our innovative program provides the structure and routine needed to ensure feelings of security and certainty in day-to-day life. Please call for a personal tour of how Assured Senior Living can meet your loved one's unique needs.