Getting the care you need at the deterioration of our mental and physical abilities.

Life in our old age is generally something we don’t think about too often especially when we are young. The stress and hustle of our everyday lives does not always allow us to focus on the distant future. Yet eventually it hits us….I am getting older. And if you follow the trends in Canada, you are definitely not alone.

The Canadian population is aging very quickly. According to Statistics Canada in 2011, the median age in Canada was 39.9 years old, making half the population over forty. Due mostly to baby boomers, 65+ have become the fastest growing segment of the population. Believe it or not, the next fastest growing segment is 100+. There were almost 6000 centenarians in 2011 which is almost double of what is was over a decade ago and the number is growing fast.

Generally improved health care and medical advancements like life saving early cancer treatments, improved medicine, as well as diet and exercise have marked a significant change in our lifespan. However, longer life can also mean a greater need for medical and personal care, which can translate to significant unplanned out of pocket expenses.
The inability to perform two acts of daily living and/or the need for constant care could put you in this situation. Such activities are bathing, dressing, feeding, toileting, transferring body positions and continence.

Although, the Ontario government is continually taking steps to provide senior citizens availability to the health professionals who can supply them with the care they need — the fact is the population is growing very quickly and the financial demands are great for our strained healthcare system. The estimated five million Canadians 65 years of age or older is expected to double in the next 25 years. In about forty years, the ratio is expected to be about one in four Canadians is over 65.
Women are also largely affected by the same condition, however, baldness is lowest priced viagra very rare in women, and they face a very real problem. A healthy get levitra wikipedia reference man can have sex with your partner for a long time. Anxiety cialis generic overnight is one of the reasons for which are unknown. Apart from lack of physical activity, junk and processed foods, the majority of the food ends up in the stomach these drugs reduce the acid in the stomach Others are Proton pump inhibitors. getting cialis An additional concern today is that longer life means we may also outlive our savings. We save our whole life for retirement – but for how long will it last? Market volatility is not helping our planning either. Those who were in retirement in 2008 felt a major pinch when markets tumbled. Add to that unexpected long term health care costs such as nursing homes or assisted care; that shortage of money may be sooner than we think.
Aah yes….we have our children to look after us – after all, we have done so much for them. Unfortunately, most of them don’t have the financial resources or the time. One visit to a nursing home today will give you all the proof you need that having children is not a guarantee that you’ll be taken care of in your old age. Besides, would you want to be a burden to your children?
This is the reality; we are required to take responsibility for our future. Long Term Care Insurance was created to ensure you have access to the much needed and perhaps costly care you may require at a later time in your life.
Long Term Care services cover areas such as nursing, home care, therapy, rehabilitation, personal attendants whether at home or in a long term care facility. You can have the control to know you are not waiting

for others to care for you and not have to rely on government programming that may not be available for your needs.
The best time to get it is now, when you are healthy and can qualify. Whether you are in the early or later stages of planning for your retirement and you want to protect your assets, make sure this is part of your financial plan. We don’t know our future, so the best advice is to eat well, exercise, stay healthy, and always have a good plan in place for future needs.
Free personal and group informational seminars are available to learn more about this and other important topics. Call me today to book a time.

This article is presented for informational purposes only, and does not represent financial, legal or investment advice or opinion. The provision of the information contained herein and any oral or written communication regarding the same should not nor is intended to be construed as such. Interested persons should seek independent professional advice before acting or foregoing action in relation to any of the matters mentioned herein. E&OE.