Aging in Place

by Ohana Health Care, IG Wealth Management and Financial Concierge

“Aging in Place” means having access to various services and the health and social supports you need to live safely and independently in your home for as long as you wish or are able. Aging well involves being honest with yourself and having a plan.

The workshop is designed to get you thinking about all 9 areas of Aging in Place and enable you to draft a plan to age well.

Limited to 25 participants

Appropriate for seniors, retirees and pre-retirees

Date And Time

Sun, March 3, 2019

2:00 PM – 3:30 PM MST

Location

Ohana Care Royal Oak Centre

Unit 156, 8888 Country Hills Blvd NW, Calgary, AB

Refund Policy

No Refunds

Simple Ways To Reduce Your Taxes And Grow Your Investments

Jill Chambers with Financial Concierge Inc. will be exhibiting at this event.

In these challenging economic times and with volatile markets everywhere it can be hard to know where to turn for sound financial advice. At Simple Ways To Reduce Your Taxes And Grow Your Investments, Sharon Numerow and Fasial Karmali will break down how easy it can be for anyone to take control of their taxes and investments. No matter the size of your retirement portfolio, tax bracket or investment goals, Sharon and Faisal will give you solid, easy to understand and easy to implement ways to help you take control of your money.

Join me and Faisal Karmali of the Popowich Karmali Advisory Groupon February 7, 2019 as we help you successfully navigate your taxes and investments in these turbulent times. And as a bonus, all proceeds from the event will go to the Fresh Start Recovery Centre. Helping people with addictions get back on their feet and back with their families.

There is also the opportunity for you to get professional advice from Celeste Wood Real Estate at Redline Real Estate Group,  David West at West Legal and Rena St. Clair at The Mortgage Group.

poster for a tax event in calgary

The Challenge of Aging Alone

Aging alone is a challenge many people face. You may be one of them. Most pre-retirees and retirees know that, as they age, there is a single solid support system they can absolutely count on: their adult children. But what happens when they don’t exist?  What happens if they are too busy or unreliable?  What happens if they are prone to helping themselves to your finances?

A solitary old age is, for many, a threatening prospect, something to be contemplated with a mixture of apprehension and outright fear. That’s the bad news.

The good news is that there are strategies which can be adopted to minimize the impact of a solitary old age. You need a multi-faceted “Go it Alone” plan.

The 2011 Census of Population counted nearly 5 million (4,945,000) seniors aged 65 and over in Canada. Of these individuals, 92.1% lived in private households or dwellings (as part of couples, alone or with others) while 7.9% lived in collective dwellings, such as residences for senior citizens or health care and related facilities.

Most people aged 65 and over lived in a couple with either a married spouse or a common-law partner during their early senior years.

2011 Census data showed that about one-quarter (24.6%) of the population aged 65 and over lived alone.  The share of the population that lived alone was fairly low and stable until about the age of 50 for women, and until approximately age 70 for men.  After these ages, the prevalence of living alone increased for both sexes, but more sharply for women.

Older single and childless people are at higher risk than those with children for facing medical problems, cognitive decline and premature death.

Suggestions:

  1. Establish a “virtual board of directors” – a network of friends, financial advisor, daily money manager, lawyer, accountant or other professionals you work with. They can assist you with care and decisions.  Also develop a plan of action if cognitive changes occur.
  2. Expand your social network – for those aging solo, expanding a social network is essential, according to experts on aging. Isolation contributes to depression, cognitive decline and a decline in overall health.

 

Posted by Admin-FCI in Seniors Health and Wellness, 0 comments

Dementia, Alberta’s Position

For every person who is diagnosed with dementia, 10 to 12 additional individuals are also directly affected by the diagnosis.

The lifetime risk of dementia is 1 in 5 for women and 1 in 10 for men. More than 17,000 Calgarians (about 10% of our seniors) live with dementia and 8 more will develop it today (2,800 this year).  In addition, there are thousands of people living with undiagnosed dementia. Even more concerning is the fact that these numbers are expected to double within the next 20 years. As a growing social and systemic issue, dementia has the potential to overwhelm families, communities, workforces and our healthcare systems in Calgary.

dementia network calgary

Posted by Admin-FCI in Seniors Health and Wellness, 0 comments

Talking About Dementia

Dr David Hogan head shot

Talking About Dementia with Dr David Hogan

Head of Geriatric Medicine at the University of Calgary, Dr Hogan will lead an informative and engaging discussion about Alzheimer’s and other forms of dementia on Saturday, January 26, 2019.

This is a great opportunity for anyone looking to learn more about dementia, or for those seeking additional support or resources.

The event is taking place at the Best Western Premier Calgary Plaza Hotel (1316 33 ST NE)

9:30 – 11:30 a.m.

There is no cost to attend, but space is limited.

Register now to secure your spot!

If you have any questions, reach out to Alzheimer’s Society at 403-290-0110 or email info@alzheimercalgary.ca to register.

 

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