It is a fact that the market for homes has been booming, which makes paying for assisted living by selling your home, a smart financial move. The average home price up to now this year, according to the National Association of Realtors, is 15.8%, and demand continues at an excessive rate while supply can’t keep up, which means more money in your spending budget, so you can enjoy life as an active senior with higher expectations.
From birth to death, the brain is a sophisticated and powerful element of the human body that never stops working. This incredible organ records all of our thoughts, ideas, feelings, movements, sensations, and memories.
We’ve all experienced the feeling of being alone. Because we can’t share pleasant times with anyone, it makes our world a little grayer and happier moments a little duller. COVID has exacerbated loneliness by requiring seclusion, but seniors are particularly prone to what many health experts refer to as a “loneliness epidemic” even outside of the present pandemic context.
For seniors, reverse mortgages have some advantages and disadvantages. Since the government program that insures them began in 1990, more than 1 million reverse mortgages have been sold.
The twenty-somethings of today Techies may not be concerned about the obstacles of old age, but they should be.
For tech companies, seniors represent a big untapped market. While just 13% of Americans are 65 or older today, that number is expected to rise to 19% by 2030.
Cities all over the world are incorporating a long-standing feature of Chinese public parks to encourage seniors to exercise. This growing trend of exercise parks for the elderly is helping aging adults stay healthy, while enjoying their golden years.
One alternative for an assisted living community is a residential care home. It provides care to small groups of adults over the age of 60, with most communities having six or less residents.
Despite the existence of ready-made transportation like Uber and the promise of futuristic self-driving cars on the horizon expanding how we travel in vehicles, there remains a fundamental problem with building living environments around vehicle transportation. If you guessed our aging population then you’re right on track. Here’s why it’s a problem and what should be done to solve it.
As your parents age, providing them with the best quality of life available becomes a top priority. Although many still thrive and require little assistance well into their 80s, that is not always the case. Starting as early as their 60s, your parents may need assistance with health care and basic daily needs – assistance that you may not have the resources to provide. You may still have your own children at home, or lack the funds, space, time or proximity to personally provide the help. You are not alone. As the Baby Boomers age into senior citizenship, many adult children of seniors are left struggling with a solution to elder care that strikes the right balance for their parents and their lifestyle.
The aging process can change a myriad of relationships. The “sandwich generation” is a term that’s frequently used to describe those who have children at home and who simultaneously have to take care of parents or grandparents. This situation can lead to stress, and it can also be quite costly.