Since I began my work in aging, eldercare and long term care planning over 20 years ago, I have signed up as a healthy control for countless geriatric research studies, including those concerned with: OTC medications such as glucosamine and their effect on knee arthritis and other conditions Bone structure, muscle and tendons of the ankle in relationship to diagnosis and prevention of fractures Walking while [...]
What Is The Difference Between A Retirement Home And A Long Term Care (Nursing) Home?© By Karen Henderson Founder, Long term Care Planning network Many Ontarians do not understand the difference between a retirement home and a long term care home; the media often muddies the water even more when they incorrectly refer to the accommodation rates for these two living options.Firstly, retirement homes provide privately [...]
How To Choose A Retirement Home© By Karen Henderson Founder, Long Term Care Planning Network There are over 750 licensed retirement homes and communities in Ontario, and many new ones are under construction. They are ideal for older persons in relatively good health, who cannot or do not want to remain in their own homes. Deciding to move from one’s home of perhaps many years to [...]
Elder Care Takes a Village – Meet Silver Sherpa! As you may know, I’m an expert in long term care planning, but many of my clients also want need help in carrying out the plan or coping with unexpected emergencies. As we all know, elder care is a maze, so it’s very important to have a team who understands it at your side. Therefore I’m excited [...]
Karen is now available…In a manner of speaking… :) As you may know, my expertise is in the areas of aging, eldercare and long term care planning—undeniable issues as our population ages. Not only am I an accomplished speaker, writer and course developer for these topics, but I am also an educator and coach for professional advisors and their clients. I am a Living Benefits professional. [...]
As you may know, the subject of dementia is invariably included in the presentations I make …for very good reason. Of the leading causes of death, Alzheimer’s disease is the only one for which there is no way to prevent it, cure it or slow its progression. Right now in Canada a new case of Alzheimer’s disease is diagnosed every 5 minutes; by 2031 a new [...]
Police are warning the public about a Revenue Canada phone scam A financial advisor I know here in Toronto almost fell victim to this scam. According to police, there have been reports of people receiving calls from a man claiming to be an employee of the CRA. The man tells the person that they owe money to the government and then demands personal information. One woman [...]
A study conducted by bankruptcy trustee Hoyes, Michalos & Associates has found that Canadians age 60 and over hold, on average, total unsecured debts of more than $69,000, and almost half of that debt is credit card debt. Seniors also have the highest amount of payday loans of all demographic groups, owing an average of $3,693. […]
A new survey by Edward Jones reveals that while Canadians say they value the financial well-being of their families and their own quality of life in old age, many are not investing in key forms of protection to safeguard these assets. While almost two thirds (64 per cent) say they have purchased life insurance, other important forms of protection, including disability (23 per cent), critical illness [...]
According to a recent Conference Board of Canada research project report, Canadians are not any healthier than they were a decade ago, despite having much more knowledge of what makes up a healthy lifestyle, “An alarming number of Canadians are moving very little, sitting too long, eating poorly, not getting enough sleep, drinking too much, and continuing to smoke,” said Thy Dinh, Senior Research Associate. [...]
When news about a startling new insight into the cause of Alzheimer’s disease first emerged in 2005, it was highly speculative. But now the evidence for it has become very strong: Alzheimer’s is a form of diabetes, and the name being given to it is type 3. […]
Family Consulting I am delighted to announce I am growing my family consulting practice. I’ll outline briefly a case I am working on now, which concerns my client, a 60-year old son and his 85-year old mother. […]
