PRINCETON NJ SPECIAL

eBike Safety Tips for Seniors
February 15, 2022

eBikes are bicycles equipped with an electric motor that may be activated to assist the rider in pedaling. The pedals are installed for those who enjoy biking without a boost from electricity. Electric bikes come with numerous health benefits that the seniors can enjoy ranging from mental health to physical health and the benefits of socializing. Despite the wide range of health benefits, these bikes are not without risks. Without proper precautions, ebikes can be a disaster. The bike riders are advised to have protective gear. Finally, these bikes like any other machinery require regular maintenance and care.

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Downsizing Checklist For Seniors: 10 Steps To Make The Process Smooth
August 10, 2021 By Timothy P. Callahan - moversville

Over the span of decades, seniors have accumulated a lot of belongings in their homes. They also have allowed many belongings to accumulate over the years due to the fact that they were too busy to sort through their possessions.

They were occupied with work, and with family. Even if some of these seniors did not have children of their own, they were occupied with taking care of other responsibilities which distracted them from sorting out their belongings.

However, for those seniors that did have children and ended up becoming empty nesters, the reality of them needing to downsize would be hitting them quite hard at some point.

Even for the seniors that did not have kids, they also know that downsizing, if they lived in a larger dwelling, would be inevitable. Eventually, seniors will move into either a nursing home, assisted living program, with their family, or a small condo or tiny house.

Wherever seniors move, the fact that they will be downsizing regardless means they will need to sort through their possessions. They will also need to declutter their homes, as well as make other preparations before they downsize and move into their new dwelling.

Now let’s look at the ultimate downsizing checklist for seniors which includes – tips on how they can make the preparations effectively:

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Safe Driving Guide for Seniors
November 02, 2020

Driving is so much more than a means of transportation for many people; it provides a sense of freedom and independence, as well as the autonomy to complete important, everyday tasks such as grocery shopping, social visits, and other errands. Unfortunately, as we age, our ability to drive independently wanes for a variety of reasons. Giving up driving can be a scary prospect for many seniors, especially if they don’t know when, or if, it will become unsafe for them to continue driving independently.

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Affordable Care Options Help Seniors Stay in Their Own Homes
December 28, 2010 By ARAcontent - ARAcontent

(ARA) - Many baby boomers assume they will end up in a nursing home if they develop a chronic illness. But that's not true for most of us. The vast majority of people who become chronically ill are cared for in their own home by a loved one or a friend. That includes more than two-thirds of people diagnosed with Alzheimer's disease.

So why do most chronically ill people move into a nursing home? It may surprise you to learn that it's not because their health worsens. It's because their primary caregiver is too exhausted or sick to continue. There are, however, steps baby boomers can take to ensure that they can pay for the kind of care they want to receive in their own home, and also provide for the financial needs and limitations of their caregiver.

Start the conversation

The most important thing you can do to ensure that things go according to plan is to have a conversation with your loved ones. It is better, after all, to ask some tough questions now than to delay them until you are struggling with an illness. Here are some of the questions you should ask:

* Would you be willing to help care for me at home if I become chronically ill one day?
* If so, would you be willing to share the responsibilities of caring for me with someone else who has been hired to care for me?
* What concerns would you have about taking care of me in my home?
* Would you allow me to compensate you for taking care of me?

It's critically important to avoid caregiver burnout, and both you and your potential caregiver need to be aware of the pitfalls. Plenty of good information can be found at www.caregiver.org.

Start planning

Once you have the answers to those questions, you'll want to tally up how much it is likely to cost you to get the care you may need. A good way to do this is research your chronic care insurance options and then talk with an insurance agent you trust.

In general, you have two insurance options to cover the cost of care associated with a chronic illness. You can purchase traditional long-term care insurance (LTCI) or, if you already have a need for life insurance, you can choose a new option: life insurance with an optional rider that advances the death benefit if there's a need for chronic care. The Hartford, for example, offers its LifeAccess Accelerated Benefit Rider on most of its permanent life insurance policies, which you can read about at: www.hartfordinvestor.com/LifeAccessUL.

When you become chronically ill and can no longer do two activities of daily living, such as walking or eating, or you develop Alzheimer's disease or some other form of dementia that's serious enough to require assistance from others, the Rider compensates you by advancing the policy's death benefit. And you are free to use the proceeds any way you like, including to pay a son, daughter, spouse, or friend to care for you.

By planning ahead, you will vastly improve your ability to get the help you want in your very own home from the people you love.

Of course, receiving benefits under the rider will reduce the death benefit available to the life insurance policy's beneficiaries and the rider may not cover all of the costs associated with the chronic illness of the insured. Rider benefits may be taxable depending on the owner's particular circumstances. A tax adviser should be consulted.

Government Agencies for Seniors
March 25, 2010