Frasier

As our loved one's age, it becomes increasingly important to monitor their well-being in various aspects of life, including their finances. Its not uncommon for seniors to struggle with financial management. For seniors experiencing cognitive decline or physical limitations, staying on top of finances can become a real challenge.Recognizing the signs that your senior loved one may need help with their finances is crucial for their financial stability and overall well-being. In this article, well explore some red flags that could indicate your loved one is having difficulty managing their finances and discuss some practical ways to offer support. Spot the SignsWhile everyones financial situation is unique, looking out for signs that your loved one is struggling can help you determine when intervention may be needed. Spotting unpaid bills, unopened mail, or overdue notices at your loved ones house may indicate that theyre having difficulty keeping track of their financial obligations.You may also notice unusual spending patterns or strange purchases that are out of character for your loved one. If your loved one is expressing concerns about budgeting or affording their basic needs, this could be another sign theyre having trouble managing their finances effectively.Consider Senior Living OptionsProblems with financial management may indicate memory problems or other age-related issues. For example, AgingCare recommends evaluating your loved ones health and functional abilities when you visit, looking for signs that they may need assisted living care.If you think your loved one needs care 24/7, start looking around online for nursing homes in your area. The earlier you start looking, the more time youll have to compare facility pricing, payment options, reviews, and amenities. For example, Frasier offers a variety of care options, from independent living to skilled nursing care, to meet the needs of seniors with varying care needs.Start a Conversation About MoneyWhen you notice signs that your loved one may be having financial trouble, its time to broach the subject. Conversations about money can be uncomfortable but do not delay, especially if your loved one is showing signs of cognitive decline. As early as possible, start asking questions to get a clearer picture of your loved ones finances. For example, ask where they keep their financial documents, how much debt they owe, who serves as their financial advisors, and what planning theyve done for the long term.Seek Guidance from a Financial Advisor If you dont feel comfortable offering financial advice to your loved one or are unsure how to best move forward with their financial situation, dont hesitate to speak to a professional. A certified financial advisor (CFA) will create a financial plan that aligns with your loved ones immediate and long-term financial goals. A financial advisor can also help your loved one avoid financial scams and exploitation.Consider looking for a financial advisor who specializes in senior finances, as these professionals will better understand planning for living on a fixed income, budgeting for long-term care, and investing in retirement accounts.Set Up Automated SystemsThanks to innovations in financial technology, managing money can be largely automated. Set up automated systems so your loved one has fewer financial matters to keep track of. For example, Clever Girl Finance explains that you can automate bill payments and contributions to savings and investment accounts. Start by signing your loved one up for automatic debits from creditors and service providers. For providers that dont offer this option, set up bill payments with your loved ones bank.Supporting a senior with money management requires a great deal of patience, compassion, and open communication. Remember that each situation is unique, and the level of support required by your loved one may vary from help paying monthly bills to long-term care in a skilled nursing facility. By keeping an eye out for potential financial struggles and acting promptly when you notice a need for support, you can ensure your loved one maintains a high quality of life.

Sustainability and being eco-friendly is a large part of Frasiers culture. Whether it is for large-scale multimillion-dollar projects or encouraging residents and staff to recycle, they are committed to improving their footprint on the environment. In this four-part series, read how this senior living community is dedicated and engaged in accomplishing that.When Frasier began a $100+ million campus expansion plan in 2015, they became the first senior living community in the United States to aspire to build to the standards for  WELL Building Standard Certification.  With a goal to build the best possible space to nurture the physical, emotional, and spiritual well-being of the residents, Frasier is now leading by example influencing the development of standards for future continuing care communities nationwide.We set out to be the first retirement community in the country to achieve this certification. While there are others who have also built to these standards, Frasier was proud to be an innovator in this space, says the President and CEO, Tim Johnson.Gold level WELL certification means Frasier has met the criteria of WELL Building Standard which is a performance-based system that monitors the impact of the environment on human health and wellbeing. The focus is on seven key areas in design and construction:Air using materials that give off minimal volatile organic compoundsLight adequate illumination, especially for natural lightWater non-toxic plumbing materials and filtrationFitness space that encourages physical activityNourishment encourages healthy eating habitsComfort noise and temperature controlMind spaces for relaxation and use of technologyAn example of how Frasier met these standards was to install new, wall-to-wall, high-efficiency windows in every apartment to allow for plentiful natural light that mimics our natural circadian rhythms. The windows are easy to open and close while helping to maintain an even temperature throughout the living space.To ensure the cleanest indoor air quality possible, all building materials such as paint, adhesives, carpeting, etc., meet WELL standards by minimizing the amount of volatile organic compounds released into the atmosphere. New fire safety equipment was installed that utilizes modern technology for the residents and their families peace of mind.While not part of the certification process, the design and construction of The Canyon Center a multi-use arts and education venue adhered to WELL standards and any renovations to existing buildings going forward will, as well.It was no small undertaking to achieve gold-level WELL certification and numerous challenges had to be overcome. The architectural firm tasked with designing the new Prairies apartment building was unfamiliar with WELL building standards and outside consultants were engaged to help plan and move the project forward. The cost of building to WELL standards is substantial but saving money in the short term was not the goal.The pandemic brought its own set of challenges. The Prairies was completed in December 2019, and residents began to move-in in early 2020, but the WELL certification inspection was delayed for several months.  It took nearly a year after opening the building to get it inspected and be awarded a gold certification.With deep ties to the Boulder community, known for its efforts to preserve and protect the environment, Frasier has always sought to make the city better and continues to seek ways to positively influence the lives of everyone who lives here.This achievement makes a statement to residents, staff, and the Boulder community at large that we truly care about the environment in which they live and work and are doing our part to make a difference, Johnson stated.Questions please call, Frasier at 303-499-4888.

If you have an elderly adult loved one in your life, there may come a time when you feel its important to relocate to be closer to them so you can manage their care and well-being. This situation could arise following a medical procedure (surgery, for example), a fall in the home, or a recent dementia or Alzheimers diagnosis. Or perhaps youre moving closer after the passing of your loved ones spouse or partner. Whatever the case may be, moving can be a big undertaking. Frasier shares the following advice to help you plan out your move to ensure it goes as smoothly as possible.MAKING THE CALLIt can be hard to determine exactly when your loved one needs more help than theyre currently getting. According to Aging Care, seniors can be fiercely independent and may downplay their needs or their health issues as a way to stay in their own homes as long as possible. However, if theyre recently suffered an injury such as a fall, or theyve recently undergone surgery that requires a lengthy recovery period, they may need some daily assistance in order to remain in their home.Try to have open and honest conversations with them and ask about getting permission to speak to their medical care providers so youre always up to date on their health info. If a loved one has trouble performing activities of daily living, such as cleaning and bathing themselves, or eating and taking medication, it may be time to intervene. Even if theyre still able to perform these actions, they may not be able to do things like drive to doctors appointments, go grocery shopping, or attend church. Make sure you approach the situation from a place of care and concern; dont make any accusations or shame them. After all, this is a life-changing decision for everyone involved.PREPARING TO MOVEThere are a lot of considerations when it comes to relocation. Youll need to prepare your own house for sale as well as decide what personal belongings to pack and take with you. Youll also need to find a new home. You may opt for something close to where your loved one is currently living, or in proximity to assisted-living facilities that might eventually be the best option for them. If youre planning to have your relative live with you, keep their specific needs in mind when looking at properties. You might search for homes already outfitted for elderly needs.Moving under good circumstances can be stressful. Moving within a rushed timeframe to help your aging loved one is even more stressful. Remember to keep up with self-care during this process. Adding a full exercise routine may feel overwhelming, so focus on small steps like taking the stairs instead of the elevator to an appointment, drinking plenty of water, and swapping out some not-so-healthy snacks in your home for healthier ones. And encourage your loved one to do the same, as they are likely anxious about this transition, too.FINANCING YOUR MOVEYoull want to do some online research or connect with a professional real estate agent to explain what youre looking for in a property. Youll also want to have a budget in mind before you start shopping. Consider how much money you expect to get from the sale of your current house, if youre selling one, and get a feel for current home prices for the type of property youre looking for. Get pre-approved for a loan so you can move quickly when you find the right place. The pre-approval process helps you figure out how much you can borrow and what you need for a down payment. Youll also want to check your credit score to ensure there are no inaccuracies. If there are, address them right away so that the errors dont cause significant delays in your relocation plans.LONG-TERM NEEDSOnce youre settled in, you can make a better estimation of the health and well-being of your loved one and help them make appropriate decisions moving forward. It may be time for them to downsize into a smaller, more manageable home, move into a retirement community, or consider assisted care or skilled nursing facilities if their health is deteriorating. This can be an emotional process, so proceed with love, grace, and compassion. Reassure your loved one that youre doing everything in your power to protect their well-being. Relocating to the area and being more readily available can help ease the process.Frasier offers living options that help accommodate your independence and put your health and wellness at the forefront. Call (303) 499-4888 for more information.

Congratulations on your retirement! Now what? You may find yourself wanting to still work in some capacity. Think about starting a side gig to keep yourself engaged and active. There are numerous opportunities available for retirees who want to continue working part-time.What side gig is right for you?Not all side gigs are worth it. Its important you find something that fits into your existing schedule and also plays nicely to your strengths. Furthermore, you want something that generates enough money. Do you have any transferable skills that would apply to any other field? You can take career and personality tests to learn more about what you might be good at.Convenient side gig ideas for seniorsCaregiving can be a tiring, physically-taxing job. That means you want a side gig that is, preferably, less demanding. Perhaps something that uses mental energy might be more suitable. Entrepreneur offers a bunch of convenient options: Managing social media for small businesses, tutoring over Skype, becoming a personal chef, and starting a food business. Finding and applying to side gigsYou can find side gigs through all the ways youd find a normal job. Some examples are scouring job boards or sites, attending job fairs, and checking social media posts. Approaching businesses in your area for a job can work, as can networking with the people you know.Starting your own business is an alternative that may be worth exploring. It could give you a great deal of work and time flexibility. Some types of businesses dont require much in the way of initial investment either. If youre interested in a business, work on your business idea, do market research, and come up with a business plan.Starting an e-commerce businessAn e-commerce business is a wonderful example of a flexible business you can do in your spare time. You dont need to man the stations constantly, and you could do it from home. If you utilize an e-commerce platform, it will handle much of the grunt work for you. You can create intuitive, engaging, and personalized shopping experiences across all channels. Look for a platform that has features such as rich content tools, inventory management, powerful analytics, data insights, flexible customization capabilities, and secure payment processing. This is an option to help with searching out something suitable.Legal considerations when you start your own businessWhen you start your own business, you need to take care of some legal aspects:Essentials: Some things you may need to consider are acquiring a DBA name, registering with the town or city, acquiring permits or licenses, opening a bank account, and getting insured.Business entity: You may want to register your entity as an LLC or similar legal structure. Doing so can offer some benefits like easier paperwork and more flexibility.Taxes: You will need a unique Employer Identification Number (EIN). Also, you will need to keep tax records. You can work with an accountant or use software to make this easier.Contracts: You may need a slew of contracts. Some examples are founders agreements, employer-employee contracts, and contracts for your clients to sign.Focus on marketingIf theres one business function you need to prioritize, its marketing. Marketing is essential to making yourself known to potential customers and clients. Some marketing must-haves are a business website, business cards, and entries in business listings. Starting a marketing campaign can help you find more customers too. Hurree covers marketing strategies that are worth exploring such as email marketing, social media marketing, and co-branding.ConclusionGetting a side gig could be your ticket to more financial abundance and general life satisfaction. Finding something appropriate could take some time (as could building up your own business), so its a good idea to get started today. For the best results, believe in yourself and keep at it!Article by: Hazel Bridges, Aging Wellness

KEY POINTS:Waiting to talk to an aging parent about their financial future until they experience cognitive decline is a mistake, financial advisors say. The time for that chat is while theyre still working.Ask questions to get a clear understanding of your parents financial situation, said Patti B. Black, CFP and partner at Bridgeworth Wealth Management in Birmingham, Alabama. But know that gathering information may take several conversations.Make sure your elderly parent has a financial advocate to assist with responsibilities around money.For the complete informative article, click here.If you have any questions, please call Fraiser Meadows at 720-562-4473.

As our loved one's age, it becomes increasingly important to monitor their well-being in various aspects of life, including their finances. Its not uncommon for seniors to struggle with financial management. For seniors experiencing cognitive decline or physical limitations, staying on top of finances can become a real challenge.Recognizing the signs that your senior loved one may need help with their finances is crucial for their financial stability and overall well-being. In this article, well explore some red flags that could indicate your loved one is having difficulty managing their finances and discuss some practical ways to offer support. Spot the SignsWhile everyones financial situation is unique, looking out for signs that your loved one is struggling can help you determine when intervention may be needed. Spotting unpaid bills, unopened mail, or overdue notices at your loved ones house may indicate that theyre having difficulty keeping track of their financial obligations.You may also notice unusual spending patterns or strange purchases that are out of character for your loved one. If your loved one is expressing concerns about budgeting or affording their basic needs, this could be another sign theyre having trouble managing their finances effectively.Consider Senior Living OptionsProblems with financial management may indicate memory problems or other age-related issues. For example, AgingCare recommends evaluating your loved ones health and functional abilities when you visit, looking for signs that they may need assisted living care.If you think your loved one needs care 24/7, start looking around online for nursing homes in your area. The earlier you start looking, the more time youll have to compare facility pricing, payment options, reviews, and amenities. For example, Frasier offers a variety of care options, from independent living to skilled nursing care, to meet the needs of seniors with varying care needs.Start a Conversation About MoneyWhen you notice signs that your loved one may be having financial trouble, its time to broach the subject. Conversations about money can be uncomfortable but do not delay, especially if your loved one is showing signs of cognitive decline. As early as possible, start asking questions to get a clearer picture of your loved ones finances. For example, ask where they keep their financial documents, how much debt they owe, who serves as their financial advisors, and what planning theyve done for the long term.Seek Guidance from a Financial Advisor If you dont feel comfortable offering financial advice to your loved one or are unsure how to best move forward with their financial situation, dont hesitate to speak to a professional. A certified financial advisor (CFA) will create a financial plan that aligns with your loved ones immediate and long-term financial goals. A financial advisor can also help your loved one avoid financial scams and exploitation.Consider looking for a financial advisor who specializes in senior finances, as these professionals will better understand planning for living on a fixed income, budgeting for long-term care, and investing in retirement accounts.Set Up Automated SystemsThanks to innovations in financial technology, managing money can be largely automated. Set up automated systems so your loved one has fewer financial matters to keep track of. For example, Clever Girl Finance explains that you can automate bill payments and contributions to savings and investment accounts. Start by signing your loved one up for automatic debits from creditors and service providers. For providers that dont offer this option, set up bill payments with your loved ones bank.Supporting a senior with money management requires a great deal of patience, compassion, and open communication. Remember that each situation is unique, and the level of support required by your loved one may vary from help paying monthly bills to long-term care in a skilled nursing facility. By keeping an eye out for potential financial struggles and acting promptly when you notice a need for support, you can ensure your loved one maintains a high quality of life.

Sustainability and being eco-friendly is a large part of Frasiers culture. Whether it is for large-scale multimillion-dollar projects or encouraging residents and staff to recycle, they are committed to improving their footprint on the environment. In this four-part series, read how this senior living community is dedicated and engaged in accomplishing that.When Frasier began a $100+ million campus expansion plan in 2015, they became the first senior living community in the United States to aspire to build to the standards for  WELL Building Standard Certification.  With a goal to build the best possible space to nurture the physical, emotional, and spiritual well-being of the residents, Frasier is now leading by example influencing the development of standards for future continuing care communities nationwide.We set out to be the first retirement community in the country to achieve this certification. While there are others who have also built to these standards, Frasier was proud to be an innovator in this space, says the President and CEO, Tim Johnson.Gold level WELL certification means Frasier has met the criteria of WELL Building Standard which is a performance-based system that monitors the impact of the environment on human health and wellbeing. The focus is on seven key areas in design and construction:Air using materials that give off minimal volatile organic compoundsLight adequate illumination, especially for natural lightWater non-toxic plumbing materials and filtrationFitness space that encourages physical activityNourishment encourages healthy eating habitsComfort noise and temperature controlMind spaces for relaxation and use of technologyAn example of how Frasier met these standards was to install new, wall-to-wall, high-efficiency windows in every apartment to allow for plentiful natural light that mimics our natural circadian rhythms. The windows are easy to open and close while helping to maintain an even temperature throughout the living space.To ensure the cleanest indoor air quality possible, all building materials such as paint, adhesives, carpeting, etc., meet WELL standards by minimizing the amount of volatile organic compounds released into the atmosphere. New fire safety equipment was installed that utilizes modern technology for the residents and their families peace of mind.While not part of the certification process, the design and construction of The Canyon Center a multi-use arts and education venue adhered to WELL standards and any renovations to existing buildings going forward will, as well.It was no small undertaking to achieve gold-level WELL certification and numerous challenges had to be overcome. The architectural firm tasked with designing the new Prairies apartment building was unfamiliar with WELL building standards and outside consultants were engaged to help plan and move the project forward. The cost of building to WELL standards is substantial but saving money in the short term was not the goal.The pandemic brought its own set of challenges. The Prairies was completed in December 2019, and residents began to move-in in early 2020, but the WELL certification inspection was delayed for several months.  It took nearly a year after opening the building to get it inspected and be awarded a gold certification.With deep ties to the Boulder community, known for its efforts to preserve and protect the environment, Frasier has always sought to make the city better and continues to seek ways to positively influence the lives of everyone who lives here.This achievement makes a statement to residents, staff, and the Boulder community at large that we truly care about the environment in which they live and work and are doing our part to make a difference, Johnson stated.Questions please call, Frasier at 303-499-4888.