As the world becomes globalized, families find themselves dispersed throughout different cities, provinces, and even countries. Brothers and sisters move away from their parents, often for work, and then establish their own lives and families. Living more than an hour away can make it a challenge to visit parents as often as you might like. As parents age and need extra support, what are we to do when our parents need us, but due to time and distance we cannot physically be there?
http://www.retireathometoronto.com/senior-elderly-home-care-toronto/caregiving-from-a-distance/
Archives for November 2014
Case Management and the Role of the Family Caregiver
Each year, eight million Canadians are caring for a friend or loved one who is ill or disabled. Nearly half of those are caring for a parent or an in-law. Managing the daily needs of an elderly or infirmed family member is an extremely challenging job. Yet, it can be vastly rewarding to help a loved one age with grace and dignity. Few expect to be thrust into the role of primary caregiver. So, most family caregivers are unprepared for the myriad of responsibilities and the time commitment required when serving as case manager for a loved one.
#elderly #home #care
http://ow.ly/E64SF
The Costs of Care, Part 3: How to Meet the Costs of Care
If your parents own a home, the home can be sold and the money used to pay for your parents’ care. Parents can downsize into an apartment, or move to a retirement home or LTC facility.
If staying in their own home is important to your parents, they can directly draw on the equity in their home to pay the costs of home care. The two most popular options used right now are the Home Equity Line of Credit (HELOC) and the reverse mortgage.
#home #care #elderly http://ow.ly/i/7rFzN
http://ow.ly/DJP53
Preparing Your Garage for Winter Sports Equipment
When the air turns crisp, it prompts a variety of changes. Summer clothing is exchanged for fall sweaters, and eventually, heavy duty winter gear. We switch out screen windows for glass panes and shore up insulation to ensure that our homes stay warm and toasty. The change of season also prompts the need for changes in the garage. Once you’ve gotten your garage ready for winter, it’s time to tackle another change-of-season task—stashing away all of your family’s summer sports gear to make room for winter sports equipment.
#garage #winter #sports #equipment #storage
http://ow.ly/D2PhD
The Costs of Care, Part 3: How to Meet the Costs of Care
This is the third post in a three-part series on the costs of senior care. In the first post, we looked at the various options available to seniors: retirement homes, assisted living, long term care (LTC) homes, and in-home caregiving. In the second post, we took a more in-depth look at how much these different options cost. In this third post, we discuss the ways in which elderly care can be funded. Savings and Investments Of course, the logical answer to how to pay the costs of long term care for our parents, spouses and ourselves is to use savings and liquidate our investments. If you have them, or have any left after retirement while entering your ‘disability years’ (see the first post in this series), then that may be used up first to fund the cost of care. The Family Home At the time of writing this post, the Canadian housing market is still strong, and house prices are favourable to consider using the equity in a home to fund the costs of long term care for elderly loved
http://www.retireathometoronto.com/senior-elderly-home-care-toronto/the-costs-of-care-part-3-how-to-meet-the-costs-of-care/