Monthly Archives: February 2013

10 Best Weekend Getaways for Boomers

10 Best Weekend Getaways for Boomers

10 Best Weekend Getaways for BoomersDo you find yourself answering the Southwest Airlines’ “Wanna get away?” ads with an enthusiastic yes? Then it’s time to take action. (more…)

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The Future of Elder Care: Computerized Aging Assistant

Meet LISA, your personal aging assistant. She’s a little stiff—yet in her abilities, she’s quite agile.

This computerized German wonder, not yet available to the general public, is profiled at as a potential picture of what an assisted living alternative might look like in the future:

The system is based around a tablet computer mounted on the wall, which is programmed to perform a variety of tasks. LISA can keep records …Read more ›

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Could Downsizing Prevent a Nursing Home Stay?

If your parents need help at home but can’t afford it, perhaps downsizing could free up some funds, suggests Money magazine. And that just might help them avoid a nursing home stay.

In an article about saving enough money for your own retirement while helping aging parents and adult children at the same time, Money advises:

Get a clear view of your parents’ finances. That’s often a tough conversation, but you can ease tension by enlisting …Read more ›

Continuing Care Retirement Communities: Tips to Evaluate Financial Stability

Instead of buying expensive long-term care insurance, some people are moving to expensive continuing-care retirement communities, The Wall Street Journal reports. But either choice carries risks. Just like an insurance policy needs to be evaluated, so does that CCRC.

One aspect experts advise looking into is the CCRC’s financial stability. Dwindling finances have caused some CCRCs to cut staff or resources—or seek bankruptcy protection—the article reports. So:

To get a feel for a …Read more ›

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#ElderCareChat 2/20/13 Recap: Mental Health & Aging Issues

Get chat highlights and access to the full conversation transcript in this post.This Wednesday, 37 participants confronted a difficult but nonetheless important subject during our real-time Twitter forum: mental health and aging issues. CDC stats from 2004 say that 67% of nursing home residents have mental disorders. A recent Institute of Medicine report said 1 in 5 US seniors has a mental health or substance …Read more ›

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Retirement Community Targets Indian Immigrants

There are all kinds of niche retirement communities out there. But thus far, if you were a Hindu Indian-American, alas, there was no special place for you—until now.

Information technology professional Iggy Ignatius has started what he calls “the first retirement housing plan targeting a specific immigrant group in the country,” reports Religion News Service. It’s in Orlando, FL, and it’s called ShantiNiketan. Want to buy in?

A two-bed, two-bath condo costs approximately $160,000, …Read more ›

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High Schoolers Volunteer to Give In-Home Care

When you or a loved one needs in-home care, there are many agencies who will send professional caregivers your way. But for relatively minor aid or a little respite care, you may also be able to find volunteers in your area.

Places of worship are potential sources for free in-home care. But there are other sources you may not have thought of., the website for the Virginia …Read more ›

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#ElderCareChat to Cover Mental Health & Aging Issues

Join the Twitter conversation at 1pm ET today to discuss mental health issues facing seniors and their caregivers in all settings.Last week, we covered a tough topic in assisted living: mental health issues. (Read the post here.) Today at 1pm ET, we will explore that topic in more detail during our bi-monthly #ElderCareChat on Twitter, a forum that …Read more ›

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Trust Funds for Elderly Parents: When You’re Worried About Their Spending

If you want to give money to your parents but are worried about how they’ll spend it, a trust fund might be a good fit, suggests an article in The Wall Street Journal. Most people think of trust funds as parents-to-kids arrangements, but more and more, the money flows the other way, the article says.

If the money is protected by a trustee, it is much harder for older people to …Read more ›

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Study: Hip-Replacement Prices Vary By Tens of Thousands

Paying out-of-pocket for surgery? Good luck price shopping, a research paper released by JAMA Internal Medicine suggests.

When over 100 hospitals were asked what their hip-replacement prices were, the variations were remarkable. The New York Times blog Well reports:

nly about half of the hospitals, including top-ranked orthopedic centers and community hospitals, could provide any sort of price estimate, despite repeated calls. Those that could gave quotes that varied by a factor of more than …Read more ›

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