To Move or Not to Move? Think Safety

Guest Writer: ALICE KALSO

Silver Age Housing & Care Referrals

 

 

Moving from your home is hard at any age. Even harder as we grow older. Karin Miller, Geriatric Care Manager, suggests you look at the possibility of a move through the eyes of SAFETY.

Consider: Safety in the house

  • Is the house accessible? Stairs? Bathroom, laundry on the main floor? Throw rugs, grab bars?
  • Is home maintenance too much to deal with?

Safety from the outside

  • Is there a danger of the person being taken advantage of?
  • Is the person still driving safely?

Safety of person

  • Is there memory loss? What about the ability to reason and make decisions?
  • Does the elder know what to do in emergencies?
  • Can the person still cook a meal? Take a shower safely?
  • Socialization and isolation: Will the elder enjoy being with others in a group setting?

Make a plan

  • List what is safe and unsafe
  • Gather information
  • Hire in-home help through a home care agency, this gives you another set of eyes to see what’s going on and to make sure basic needs are met.
  • Discuss the ongoing situation as a family
  • Consider objections and realistic alternatives
  • Make a plan now and expect it to change.

This is a journey.

 

Silver Age helps seniors and their families locate trusted senior care providers when living at home is no longer an option. Our comprehensive knowledge of senior care options extends from Mill Creek to Maple Valley. Our goal is to make senior housing and care easy to understand, and make sure there are no surprises surrounding this big decision.

Communication is key to the process. We take the time needed to listen closely to the specific needs and desires of seniors and their families. Families come to us with a variety of needs, timelines, and financial abilities. We outline their best options for today and help them plan ahead for the unknowns of tomorrow.

Our personalized service, including transportation to and from tours of housing options, is typically offered at no cost (except when considering some Continuing Care Retirement Communities (CCRCs)).

We are available to visit you in your home or another location of your choice. If you or someone you love is searching for senior care, we would be honored to join you, and support you every step of the way.

 

2017 First Quarter Market Report

The market report for the first quarter of 2017 is posted for your review. The concluding article gives a great analogy between a concentrated and undiversified portfolio and driving a vehicle with a broken suspension. To mitigate the bumps in the market, sufficient diversification is your best key to success.

Investing Strategies

“The passive strategy continues to grow in popularity, not only because of its inherent low-cost advantage but because investors are educating themselves and beginning to embrace the essential components of building long-term wealth.” We strongly feel that a passive investment strategy coupled with our financial planning process, allows clients to take control of their financial … Continued

The End of the Bond Bull Market?

KEY TAKEAWAYS Rising interest rates cause bonds to lose value, but it’s no time to panic. Through proper structure and patience, your bond portfolio will experience better returns over the long-term then at the current interest rates. Bond portfolios stabilize your portfolio, especially during a down market, and provide a reliable stream of income during … Continued

The Market Is Overvalued and the Bond Bull Market Is About to End

  KEY TAKEAWAYS Record high market valuations and a historically long bull market don’t necessarily mean a correction is imminent. A typical bear market results in a 24 percent decline, but those “losses” only become realized if you sell out. Don’t let emotion and media hype cloud your thinking during declines. Stick to your plan … Continued

Hoop/Investment Dreams

As March Madness begins, we would like to revisit an article from Soundmark principal and sports enthusiast, John Buller. His comparison of the beloved NCAA basketball tournament and the investment world is uncanny and highlights three principles to remember when filling out tournament brackets and building portfolios: Past performance is not indicative of future returns. … Continued

President Trump Wants to Rescind the Fiduciary Rule – Part 2: How Does This Affect You?

  KEY TAKEAWAYS: Whether or not the fiduciary rule is enforced, you can keep your 401(k) plan costs reasonable through proper evaluation and benchmarking. Advisor fees should be understandable, transparent, and documented in your investment advisory agreement. Registered investment advisors are fiduciaries and must act in the best interests of the clients and accounts they … Continued

Hedge Fund Reality Part 2

In our last blog, we discussed the performance of hedge funds. Jonathan Clements continues to support our overrated hedge fund claims in a recent post. Investments that seem complicated aren’t always high performers. Our firm has always believed that building diversified portfolios using low-cost, tax efficient asset class and index funds was the best model … Continued

Horse Race - Hedge funds

Hedge Fund Reality

For some reason, investors are drawn to complicated investing strategies, and over the past twenty years, Hedge funds have been at the top of the “complicated” list. Hedge funds have traditionally had an aura of “sophistication” about them. A perusal of the daily financial news will highlight comments by some prominent hedge fund manager. Nevertheless, … Continued

President Trump Wants to Rescind the Fiduciary Rule – Part 1: How Does This Affect You?

KEY TAKEAWAYS By definition, registered investment advisors (RIAs) are fiduciaries. RIAs have always been required to act in their client’s best interests—they don’t need government regulations to coerce them to do so. Low-cost and no-load funds can alleviate conflicts of interest when it comes to offering the soundest investment products to clients. In an industry … Continued