A BMO Wealth Management sponsored survey by ValidateIt Technologies Inc. reported that 13% of respondents worried about becoming a victim of abuse, neglect or fraud. Learn more about the other top concerns reported.
In a survey of 500 people who identified with the Elder Orphan Facebook Group of 8,500 members, 70% of them stated that they had not identified a caregiver and 35% said they did not have friends or family to help them cope with their new challenges. Read more to learn how this group of ‘solo agers’ don’t need to go it alone and can get the help they need.
One of the first signs of cognitive aging, the process by which cognitive abilities decline with age, is problems managing one’s own finances. Cognitive aging also puts a person at a greater risk for fraud and exploitation. Learn about the Seven Steps to Prepare for Cognitive Aging.
For aging seniors, staying on top of financial affairs becomes increasingly challenging. Tasks include diligently reviewing your accounts for errors and checking for honest mistakes, logging into online banking and accounts, and remembering to keep everything current. Learn more about seniors’ financial vulnerabilities here.
Jan RoSe wrote this great article about our company in Calgary Prime Times! It helps explain how Financial Concierge Inc. can provide seniors with peace of mind around management of financial affairs.
This article explores what solo aging is and some of the challenges it presents to those without children or obvious caregivers. We delve into the topics of money management, investments and financial decisions, as well as legal representation.
Experts urge training, support and rest for aging caregivers as seniors caring for seniors in retirement becomes increasingly common. As people live longer, caregivers can expect to spend years caring for a spouse or even a parent. And older caregivers, many in their seventies or eighties themselves, often grapple with special challenges…
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