Eldercare Resources
The Eldercare Resource Articles above are written to help you understand the need for and the process of planning for long term care.
There are four key steps to successful long term care planning.
1. Knowledge & Preparation
2. Proper Funding
3. Using Long Term Care Professionals
4.Creating a Personal Care Plan and Choosing a Care Coordinator
  YOUR COMPLIMENTARY ELDERCARE ARTICLE
 

Three Reasons Seniors are Failing to Cope in Their Final Years

November 7, 2022

Inadequate Income
If a senior or a senior couple is relying on investments and savings such as Social Security or pensions to augment income, and for various reasons those retirement accounts did not produce the anticipated results, many seniors find themselves in a bind in their later years where they are unable seek employment to make up the difference.

Income might also not be keeping pace due to an unwanted accumulation of debt, particularly credit card debt. For whatever reason, banks have been particularly liberal about issuing credit cards to older individuals who may not have the capacity to service debt. The debt may have been necessary because of a major home repair, or unforeseen high medical bills, or because of a bad investment due to unreasonable expectations, or exploitation from those who prey on the poor decision-making of seniors. Servicing debt is a major drawdown on income.

Another major factor for inadequate funds could be that income flow from year-to-year is not keeping pace with inflation. This is particularly true for seniors on Social Security or fixed pensions who must pay for the high cost of medical care. The cost of seniors' medical care, due to aging, increases faster than yearly increases in Social Security. Also, in some areas, the cost of maintaining a household due to higher utility bills, higher taxes and higher maintenance costs rises faster than the cost-of-living adjustments in Social Security income. The latest yearly increase in social security income was 8.7%.

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 Eldercare workshops
 

The council offers eldercare workshops for businesses and organizations. These workshops cover various eldercare services and can be tailored to meet your needs, from a 20 minute lunch meeting to a one hour seminar.

Below is a list of our workshops. Click on the title of your choice for a preview. If you would like to schedule a workshop presentation contact me at:

Phone: (619) 294-9820

 Available workshops
 

Click on a workshop below to see a sample of the slide presentation.

 

About the State Care Planning Council

 

Home Health Care and Hospice Services

 

Non-Medical Home Care Services

 

Home Maintenance, Repair and Other Support Services

 

Elder Law and Medicaid Advice

 

Seniors Relocation & Downsizing Services

 

Care Management Services

 

Long Term Care Benefits for Veterans

 

Financial Planning For Long Term Care

 

Understanding Reverse Mortgages

 

Understanding the Need for Estate Planning

  Understanding Geriatric Medical Care