Retirement planning is a life task that individuals need to be thinking about sooner rather than later especially when you consider how high the stakes are to make certain you're financially secure.
Medical Alert Resources | LifeFone
Aging in place and retaining the ability to drive are two hallmarks of independence and having to give up either of these could be a struggle. The difficulty with taking away the car keys is that your aging parents may truly believe they are still safe to be on the road and behind the wheel.
At some point, it may become necessary to open the doors of your home and invite your aging parents to move in; whether they've suffered a stroke, trip or fall accident, other health issue or if old age has simply made it impossible for them to live alone, family members need to have a plan in place.
More than one third of the population over the age of 65 is likely to experience a fall. If your relatives live alone and you're not able to stop by daily, your aging relative could lie hurt and alone until your next visit.
As you age, finding ways to pay for the eventual need for assisted living becomes a more pressing concern. Individuals make plans for their golden years and retirement with the assumption that they will remain healthy and be able to age in place.