Aging Well

Having adequate income is of critical importance to one's overall health in later life. Experts estimate that retirees will need, on average, 70 percent of their pre-retirement income... to maintain their standard of living when they stop working.14 Helping your parents keep an eye on their finances can ensure that they will be able to pay for needed care and enjoy the quality of life they deserve.

National Council On Aging (NCOA)

NCOA and EverSafe are working together to promote healthy aging. EverSafe sponsors one of NCOA's practical tools, the EconomicBenefitsChecklist®. This list helps seniors discover tips and resources within their community to help manage their budget, save money, find work and set financial goals. It's complimentary and completely confidential.

Use these tips, tricks, and tools to make the most of your money from the National Council on Aging. NCOA Resources

At times, it can be difficult for older workers to find jobs. However, there are employment assistance resources you can use to make your job-hunting journey run more smoothly. Use these resources from the NCOA which include government programs and websites on informational provision, job matching and job training. Find Jobs For A Senior

Advance planning

Having a family conversation, or discussion with an attorney, about ways to protect assets will almost certainly prevent grief and heartache in the event of an emergency. Potential topics include your loved ones' wishes with respect to end of life, whom to call in the event of a crisis, and ways to protect their money and personal property. Bringing up the subject of money may feel awkward at first, but learning the location of financial accounts, as well as where bills, deeds and wills are kept, can be a critical step in advance planning. Learning the names of your parents' lawyer, accountant and financial advisor is also important. Elder law and trust and estates attorneys can offer helpful legal tools that can be put in place to protect family members in the event of a crisis. These documents may include a durable power of attorney, a will, a revocable living trust or a health care proxy.

Ebook

EverSafe's e-book Having That Difficult Conversation With Your Aging Parents: 7 Tips for a Productive Discussion" is a practical resource guide that includes tips on how to initiate a fruitful family conversation on a variety of important topics, including how to protect your/your loved ones' assets.

14http://www.acfccares.com/careville/sencenter/articles/AC_AgingWell.html