Senior Care & The 40/70 Rule

A couple weeks ago we met with the owner of Home Instead Senior Care®. During the meeting, personal care options for seniors was discussed. One topic that came up which we thought would be worth sharing is the “40/70 rule". This is a concept developed by Home Instead, to help open up the conversation with parents and their children, and provide a guideline as to when the discussion should happen. Here is an excerpt from their web site discussing the 40/70 rule with some useful links for more information.

The 40/70 Rule Many experts agree: by the time you approach age 40 and a loved one is around 70, you should have had the “talk” about issues so many families want to avoid. Topics such as living and financial choices, health, driving, dating, and end of life can be perplexing. The Home Instead Senior Care® network refers to this concept as the 40-70 Rule®, a program launched in 2008 to start important conversations early, before a crisis occurs. Backed by new research with seniors, their adult children, senior care and legal professionals, the Home Instead Senior Care® network now wants to take those important conversations further. The 40-70 Rule: An Action Plan for Successful AgingSM and accompanying resources encourage individuals and families not only to start those vital conversations soon, but to finish them with a plan that can help take the guesswork out of aging. The plan encourages individuals of all ages to ACT (Assess, Consider, Talk) on their desires and wishes for the future, then put their plan into action. It’s never too late to talk, and starting today could make the road ahead a lot smoother.

Normally we try to avoid using our newsletter as an avenue to promote another business, but we wanted to touch on the important subject of Senior Care. Home Instead is a private, for profit organization that specializes in personal care for seniors … We feel they can be valuable as a resource because they are directly linked into the senior care industry and understand the various options and how to access them. They are well connected in the London area and can assist seniors and their adult children with decisions like assessing which retirement home might be best, what government services are available, and also provide personal care for seniors to take the burden off their children and other family members. We'd also like to note that all their CAREGivers are trained to work with clients and families coping with Alzheimer's and related dementia if needed. Here is a link to the web site for the Home Instead Senior Care® 1 division in the London area … or call them at 519-913-1662 if you would like more information. Thank you, Andrew & Peter

1 Clicking the link above will take you to a third party website where you can access information and products and services provided by such third parties, and not HollisWealth, a division of Scotia Capital Inc., HollisWealth Advisory Services Inc., or HollisWealth Insurance Agency Ltd. (collectively, “HollisWealth”). HollisWealth neither endorses nor approves, nor is liable in any way for such third party websites, information, or products and services.

#retirementplanning #miscellaneous

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