Long Term Care Insurance Options Explained

Long term care insurance image

Long term care insurance options explained

As we age we know it’s likely that we’ll need some sort of external care. Most seniors I speak to are adamant that they don’t want to become a burden to their children. That’s admirable but it’s not always an option. Finding ways to make that desire a reality isn’t always easy either.

I know my Dad looked into and then rejected Long Term Care Insurance because it was too expensive.  Fortunately for my sister and I, Mom most likely has enough money to live the rest of her life in the community she’s at now.  That’s important because moving her again would be a nightmare I have no desire to repeat. Maintaining our Mom where she’s cared for and comfortable is our number 1 goal.

Reaching out to insurance agents about insurance options usually leads us down a sales path. That’s why I am happy to bring this episode to you. As a result of having a conversation with a broker you’ll have more knowledge when you talk to your own people.  Most noteworthy, there are more options than in earlier years so give this a listen.  There’s no sales pitch you have to sit through! This is a great way to answer many of your questions about long term care insurance.

To get ahold of Tim King

The Successful Caregiver

Image of a successful caregiver

Being a successful caregiver isn’t easy.

Being a successful caregiver is a challenge that many of us think we’re failing at becoming. When caring for someone with memory loss we’re faced with ever increasing challenges. As our loved one declines we have to take on more responsibilities that very few of us are ready for. Fewer have had no training on how to be a good caregiver.

Becoming successful at caregiving isn’t impossible. Following the advice of the many people who have been on this journey is the first step. On this episode of the podcast I talk to Rick Lauber. Rick cared for both of his parents and one of his stress relievers was writing. Thankfully his stress relieving led him to write two books on how to be a successful caregiver.

An Excerpt From his book:

You may be among the tens of millions of Americans who provide care for a parent — or you may be among the ten of millions who will.

When physical and mental health declines in aging parents many children are caught unprepared. Life cannot readily prepare you to provide excellent eldercare while balancing the demands on your time. Consequently, this book provides practical tips, realistic guidance, encouragement and insight into the time ahead.

  • Among other things, it answers:
    • Deciding when your parent stays at home or moves to
    assisted living?
    • What should you expect when caring for your elderly parents?
    • Who should you ask for help?
    • How do you balance caregiving responsibilities with your personal life?

The Successful Caregiver’s Guide includes extensive explanations of your options and checklists for differing types of eldercare to help you choose the best care possible for your loved one.

Because Rick faced this challenge head on we’re blessed with his guides and his wit. Enjoying this episode is a side benefit to the excellent advice you’ll receive.  Following his advice is easy because he’s been through this and lived to tell the tale, literally.

Guide to Becoming a Successful Caregiver

Episode on Caregiver Struggles

Independence, Security & Peace of Mind

The Story of the I’m Up App

I'm Up App logo

I’m Up App – Offering Independence, Security & Peace of Mind. Invite code 006.

 

Independence, security and peace of mind have never been easier to achieve for someone living alone. Using the simple check in app on your phone, your loved ones are notified that you’re up and you’re doing just fine.

This episode of Fading Memories tells the story behind the creation of the app.

In 2012, David’s wife, Paula moved out of their home to a memory care facility. His children lived in different parts of the country and he had never felt more alone in his life.

After a long nine year battle with Alzheimer’s, Paula passed in 2016. This was when the seed for the idea behind I’m Up was planted.

Having worked in the life insurance business for most of his lifetime, David was aware of the various pitfalls of aging. But Paula’s passing was what truly got him thinking about the various aspects of living alone as you age.

His Border Collies were his closest companions and couldn’t help but wonder who would care for them should he not wake up one day. Worse still, what if it was days or weeks before his kids found out?

There had to be a simpler way. Tune in to hear the full story. The conversation was great, when the internet connection worked right!

See I’m Up in action!

More Options Tech for Seniors

An Online Support Group is Waiting To Help You!

Online support group

An online support group is waiting to help you.

Do you feel like you’re grasping for something in the dark? Stumbling around trying to determine which way is up? Is caring for a loved one with Alzheimer’s or dementia making you crazy? Would an online support group be the answer to your prayers?

Pray no more. Support groups was the focus of my conversation with Simone of the Global Senior Care Institute. They offer a lot of different types of support of which you may want to take advantage. Perhaps you’d prefer to have an alternative when you’re in need of additional support or there’s not a support group near you. An online support group is just the answer.

Simone and I discussed all the reasons a support network was necessary for those of us caring for a loved one living with Alzheimer’s.  I am in a support group and it’s one of the best things I have done in my very long journey with my Mom. This is a good article that talks about why a support group is such a good idea. Of course this podcast gives you lots of great advice to, but you can’t be an active participant so I suggest both an interactive group and the podcast.

Living With Dementia – Good Insight

Living With Alzheimer’s 

Bonus Episode! Ben on “Brain Stuff”

Memories flying from the brain

Brain stuff is complicated but interesting when you hear it from the right person.

 

Brain stuff isn’t really the main focus of my podcast. However, sometimes with the right guest it’s hard to avoid some of the more scientific parts of Alzheimer’s.  Before we even started talking about Canine Caregivers the host of Dogs In The News podcast, Ben Brooks wanted 2 minutes to “nerd out” about what I call, “brain stuff”. Ben teaches bio chemistry and he frequently asks his students how Alzheimer’s effects his students.

Discussing Alzheimer’s with Ben in depth might be an upcoming episode so stay tuned for that!

Dogs in The News Podcast