Lavine LTC Benefits’ Post

Excellent article about eldercare, its costs and how to pay for it. For more personalized information I can discuss the options that fit your situation #longtermcare #eldercare #payingforcare

Most people want to age in their own homes, but will need help doing so. People are living longer with chronic health conditions. About one fourth of those 65 and older will eventually need significant support and services for more than three years. If they want to live at home, they have two options -- paid help or unpaid family members. Costs are high for in-home care and only about 10% of adults 65 and older have long term care insurance, which can cover some in home care costs, depending on the policy. As a result, families remain the backbone of the nation's long term care system. This story shows how some are coping with the financial, emotional and physical strain. #caregiving, #longtermcare, #agingathome

Most of us want to grow old in our own homes, yet the emotional and financial toll can't be understated. As a specialist in residential accessibility and aging in place, I've seen firsthand how challenging it can be to balance the dream of staying at home with the practical realities. It's essential to plan ahead or risk overburdening our loved ones. Insurance, savings, and home equity often aren't enough to offset the sheer volume of new expenses. Does your estate plan account for care, home accommodation, maintenance, and repair? #AgingInPlace #Caregiving #Accessibility #FinancialPlanning https://lnkd.in/grckaaes

"We explain what heat stroke is and share 6 tips to prevent your older adult from overheating." Read more: https://lnkd.in/ddakmKV #heatstroke #seniors #seniorcare #caregivers #familycaregivers

⚡ “The new inheritance is not having enough money to give to kids but to have enough money to cover long-term care costs,” 🧐 New Report on Aging at Home Costs has Life Planners rethinking everything! Reach out to schedule your consultation today. www.maryjosaav.com . . . . . #aginginplace #agingathome #caregiverfinances #LifePlanning #HOMELifeDesign #Finance #Health #caregiving #caregiverfinances #multigenerational

🌟 Highlighting the incredible and selfless work and experience of Traci Lamb, featured in the The Wall Street Journal today 🌟 Traci has dedicated her career to advancing innovative solutions in caregiving and aging in place, and this article truly captures the heart of her mission. I’ve had the privilege of witnessing firsthand her unwavering passion for improving the lives of those who need it most. This has meant that her professional dreams have had to be put on hold-more than once. It’s inspiring to see her continue to blaze trails now with OdessaConnect, where her commitment to transforming caregiving is evident in every step she takes. Here are a few powerful takeaways from this must-read article that shine a light on why caregiving is an issue that needs more attention NOW: 1️⃣ Aging in Place Redefined: As our loved ones grow older, their desire to remain in the comfort of their own homes grows stronger. 2️⃣ Bridging the Care Gap with Technology: We all know how healthcare is evolving, and Traci is helping to integrate the latest tech innovations like remote health monitoring, which provides not just convenience but also peace of mind for families who want the best for their aging loved ones. 3️⃣ Financial Considerations: Let’s face it, caregiving can be expensive. Traci’s insights show us what sacrifices and difficult choices many families face today when needing to care for loved one. It’s not just about cutting costs; it’s about reshaping the entire caregiving experience to make it sustainable. ✨ This article touches on so much more than just facts and figures—it reminds us that caregiving is at the heart of community, family, and love. For those of you caring for aging loved ones or thinking about the future, this is a must-read. 🙏 I’m beyond proud of Traci for the work she's doing to ensure our aging population is cared for with respect, empathy, and innovation. Take a moment to read the full article here 👉 https://lnkd.in/eJPRdysi #Caregiving #AgingInPlace #InnovativeCare #HomeInstead #HealthcareAdvances #CareTech #AgingWithDignity

In hot weather, heat stroke in seniors is a serious risk. Older bodies are less sensitive to changes in temperature and can’t adjust as well. So, seniors might not even notice that they’re overheating – until they become ill. And chronic health conditions and common medications, like beta blockers for high blood pressure, also make it harder for the body to respond to heat. We explain what heat stroke is and share 6 tips to prevent your older adult from overheating. Find out more at https://lnkd.in/ddakmKV #seniorcare #caregiving

Caring for Aging Parents 🏡 Helping your aging parents find the right health care and living assistance can be challenging, but there are many resources to support them: Living Options: 1. Living Alone -Make home modifications for safety (e.g., grab bars, emergency response systems). -Services like Meals. -Wheels and in-home aides can help. 2. Living with Family -Moving parents in can save costs and provide close care. -Consider adult day care for socialization and support. 3. Assisted Living -Ideal for independent parents who may need future nursing care. -Long-term care insurance can help cover costs. 4. Nursing Homes -Research thoroughly and reserve spots in advance. -Government assistance is limited and often for low-income families. 5. Financing Long-Term Care -Medicare covers short-term care if a physician certifies the need. -Federal tax credits up to $3,000 and flexible spending accounts can offset costs. Planning ahead can ensure your parents' well-being and peace of mind. Read more or save this article here: https://lnkd.in/gNtd6xdQ #ElderCare #AgingParents #HealthCare #LivingAssistance #FamilyCare #FinancialPlanning #SeniorLiving #Medicare #LongTermCare

"We explain what heat stroke is and share 6 tips to prevent your older adult from overheating." Read more: https://lnkd.in/ddakmKV #heatstroke #seniors #seniorcare #caregivers #familycaregivers

Aged Care - Have more, pay more? Imminent anticipated changes are likely to have an impact on ongoing care costs. 💰Greater tilt toward user pays: “The government is considering asking wealthier people to cover more of their care costs, through a higher, means-tested contributions cap.” 🩺 The why: “Aged care is one of the five fastest-growing costs to the federal budget.” “Costs will only increase as Baby Boomers enter retirement with more complicated health needs and longer life spans.” To find out more, speak with a specialist about what it means for you and your loved ones. https://lnkd.in/gV9JRZp8 #agedcare #costofcare #sustainabilityofcare #financialplanning #valueofadvice