The post read: Looking for a psychiatrist caring for parents. There were many comments with referrals. One comment said I think you need help what can I do for you.
Families have changed. Children moved away. Everyone works. Everyone is busy. As parents age, many folks think about combining households.
64 million Americans live in multi-generational households. 41% of Buyers are considering it.
Multi-generational living can be rewarding, but, also stressful. Here is some things to consider:
What's parent's health situation? Can they manage the basic activities of living? Is their condition expected to deteriorate and can you manage?
How much care can you provide?
Are you aware of resources to help you?
What's your current housing situation Need to make changes? Need to move?
How will finances be divided?
Can the Parent adjust to their new situation?
Will the family dynamic be able to adjust? Consider privacy, noise, crowding, vacations.
Do you have, and have you discussed an exit strategy?
Is your important paperwork in order?
It can be a precious time, filled with memories. Just make sure you know what to expect.
Editor's Note: This article was submitted by Robyn Lewis-Oglesby, SRES, PRES, CLIPP, CASL. Robyn is a Realtor with K&R Home Transitions / Equity Colorado Real Estate and may be reached at 720-437-8210.
In the journey through the golden years, regular health check-ups emerge as a cornerstone of proactive senior care, offering a vital means of maintaining overall well-being. As our bodies naturally undergo changes with age, routine health examinations become essential for early detection and prevention of potential health issues. Regular check-ups enable healthcare professionals to monitor key indicators such as blood pressure, cholesterol levels, and glucose levels, providing invaluable insights into an individual's cardiovascular and metabolic health. Detecting and addressing these factors early on can significantly reduce the risk of chronic conditions, ensuring seniors can lead healthier and more active lives.Moreover, regular health check-ups serve as a proactive approach to holistic senior care, encompassing not only physical but also mental well-being. Cognitive health assessments, screenings for conditions like osteoporosis, and discussions about mental health concerns are integral components of these check-ups. By fostering open communication between seniors and healthcare providers, these examinations create opportunities for personalized care plans and the management of age-related health challenges. In essence, the importance of regular health check-ups for seniors extends beyond the diagnosis of illnesses; it embodies a commitment to preventive care, early intervention, and the promotion of a higher quality of life in the later years.
Basics of Reverse Home MortgageA reverse home mortgage is a type of loan that allows homeowners to access a portion of their home equity without having to sell their home or make monthly mortgage payments. Unlike a traditional mortgage, the loan balance of a reverse mortgage increases over time and is typically only repaid when the homeowner sells the home or passes away.Differences from Traditional Mortgage Reverse mortgages do not require monthly mortgage payments, while traditional mortgages do. The loan balance of a reverse mortgage increases over time, while the loan balance of a traditional mortgage decreases over time as payments are made. Reverse mortgages are typically only repaid when the homeowner sells the home or passes away, while traditional mortgages are repaid over a set term. A Financial Solution for Seniors For seniors, a reverse mortgage can be a great financial solution. It allows them to access the equity in their homes without selling or giving up ownership. Reverse mortgages are also a great way to supplement retirement income. They provide a steady stream of funds that can be used to cover living expenses. With a reverse mortgage, seniors can enjoy their retirement years and have peace of mind knowing they have a reliable source of income.Reverse mortgages are also a great way to pass on wealth to heirs. The loan is paid off from the sale of the home, and the remaining equity is passed on to the heirs.Eligible homeowners obtain reverse mortgages for many reasons including: Repairing or modifying the home to meet the physical needs of getting older Supplementing retirement income to meet expenses Managing the costs of in-home care Paying off an existing mortgage Paying increased bills due to inflation and economy Paying property Taxes Delaying Social Security Providing a source of funds for living expenses in lieu of liquidating financial investments during times of market downturn or disruption Helping retirement savings last longer Purchasing a retirement home Recent ClientsA retired couple in their late 60s, John and Susan, were struggling to make ends meet on a fixed income, due to inflation and the cost of living increasing. They had significant equity in their home but were hesitant to sell it and downsize because of the current real estate market. They decided to explore a reverse mortgage as an option to access their home's equity without having to sell it. The reverse mortgage allowed John and Susan to access their home's equity and use the funds to pay off their existing mortgage and cover their increased living expenses. They were able to stay in their home and maintain their quality of life, without having to worry about making monthly mortgage payments. Mary Anne, a retired infusion nurse, suffered some medical challenges and her insurance did not cover all of her additional expenses. She decided a reverse mortgage was her best option. It allowed her funds to seek non-traditonal treatment and was able to eliminate the financial stress in her life, allowing her body to heal.A retired widow in his late 70s, James wants to stay in his home as long as possible. His home was mortgage free and he intends to leave it to his two children who live out of state. The reverse mortgage allowed him to access his home's equity and use the funds to make the modifications to continue staying in the home unassisted.It allows him the peace of mind knowing the has additional money to pay an in-home care giver if and when he needs one.He is able to stay in his own home and now worry about being a burden on his out of state children. He expressed to me that feeling of relief is priceless.This article was submitted by Nicole Cramer with Anchor Funding, Inc. Contact Nicole at 251-349-9891 or email her at email@example.com for more information about whether a reverse mortgage can work for you.
When it comes to caring for an older person, someone leaving hospital, or someone who has a disability, it can be difficult to know what resources are available to you. You may wonder if your loved one needs to enter a rehab facility, hospital, or nursing home or if they are eligible for home care services, allowing them to stay in familiar and comfortable surroundings.At ComForCare, we offer a range of flexible home care services to meet the needs of many people who could use a helping hand. If youre interested in learning whether home care could be right for your family, read on for some of the many ways we offer support in the home.In-Home Senior CareHome Care is a service that provides support for the day-to-day activities of living. Older adults who need a helping hand to stay on top of household duties, personal care, meal preparation, and similar activities are great candidates for home care services. An in-home caregiver can help older adults maintain their independence in the comfort and safety of a familiar space. Nearly 90% of adults over 65 want to age in place, staying in their homes and communities as long as possible. With in-home elderly care services, that dream can be a reality for many.Transitional CareWhen a loved one is moving from a hospital, rehabilitation center, or skilled nursing facility to home, providing a safe transition is crucial. Seniors are at an elevated risk of hospital readmission and other hazards after hospitalization. In fact, people ages 65 and over account for about 56% of 30-day readmissions after discharge from care facilities. Transitional care, otherwise known as short-term services, can help support seniors during this critical time. ComForCares professional caregivers are advocates for their clients health, and they can:Assist with personal care, such as bathing and groomingHelp implement discharge instructions from doctorsPick up prescriptions and provide medication remindersHelp schedule and attend follow-up medical appointmentsReduce fall and injury risks with home safety recommendationsRespite Care & Short-Term CareSometimes, older adults who live at home receive the care they need from family members. While this arrangement can be wonderful, it can also be taxing on their loved ones. Up to 35% of family caregivers rate their health as fair or poor, which can lead to burnout. To ensure that you are providing the best possible care for your family member, you need time to take care of yourself! Thats where respite and short-term care come in. Hiring a professional caregiver temporarily can give you the time you need to recharge, refresh, and resetwhether for a weeks vacation or just a weekend break. This service can also help provide a fresh perspective so you dont have to feel alone in the care and keeping of your loved one.Disability ManagementThough in-home care is most often associated with seniors, many adults with disabilities also need compassionate, hands-on care. Whether your loved ones disabilities are physical or cognitive, institutions cant always provide the kind of personalized one-on-one care that your family member needs.Advocates and researchers have seen the positive impact that home and community-based services make in the lives of people with disabilities. At ComForCare, our disability management services can help make that difference in your family members life. We provide care services including, but not limited to:Light housekeepingHelp with hygiene and incontinence careMeal preparationTransportation assistanceAlzheimer's and Dementia CareMany people believe that once an older person is diagnosed with Alzheimer's disease or another form of dementia, they cant live at home anymore. However, with ComForCares unique approach, DementiaWise, we can give older adults the freedom to remain at home as long as possible. With flexible scheduling, personalized care, and meaningful activities that keep your loved one engaged, calm, happy and utilizing their remaining abilities, you can rest assured that your family member is living their best life, physically and mentally.Find the Best Home Care ServiceNow that you know who a good candidate for home care services is, its time to find the best team to look after your loved one. At ComForCare, we continually strive to provide the most compassionate, consistent and competent care to those who need it. With flexible care options suited to each individuals needs, well care for your loved one like family. ComForCare: Long or Short-Term Home Care with Joy and Dignity. If you have any questions, please call 720-575-5576.