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Senior Living Retirement Blog

Why Women Should be Planning for Retirement

Posted by Kim Salas on Oct 15, 2018 10:34:00 AM
Retirement is a wonderful time for many, with anticipation about how they will spend their leisurely days inspiring them to keep working and putting away more money for the future. For those who aren’t as well prepared, it can also be a time of worry and fear. Women especially may need to reevaluate where they are compared to where they need to be to prepare for retirement.   Income Disparity  Many women of the Baby Boomers generation lived as a traditional family. The woman stayed home and took care of the kids while the husband went to a job. While her job was just as important, it didn’t come with the same income as his. He may have paid into a retirement plan or received a pension to help out with the retirement years.   For women who have divorced or been widowed, they may not have the amount they need for the future saved at this point. Perhaps they were relying on their husband’s retirement, which may not be an option if he’s not married to them or not living.   Even for those women who held jobs, their pay was often lower than their husband’s income. They may have put less into retirement or none at all. Social Security is also lower because of the lesser income. It can put them in a financial bind if they don’t have their husband to help with retirement funds.  How to Plan Now for the Future  If the prospect of retiring is scary as it looms ever closer, don’t give up. You may not have as many years to prepare for this stage in life, but it doesn’t mean you can do nothing to make a difference. One of the first things you should do is to determine what you do have for retirement. Consider all savings and investment accounts as well as life insurance policies and real property.   Once you know what you have and how much it’s worth, consider whether you may be able to make a better investment. You’ll want to talk to a trusted financial advisor about your money, but you may have a better option for making it grow. For example, a CD or annuity may not be the best way to create growth with your money. You might be better equipped for the future if you invest in stocks or real estate.   Estimate Your Life Expectancy  No one knows how long they will live, but people’s life expectancies are longer today than in the past. Women are expected to live longer than men, which means they must plan to save more money. You can work with a financial advisor to determine how much money you’ll need for your retirement years.   Don’t let the number discourage you if it’s a lot more than what you’ve accumulated. Knowledge is power, and just by knowing this information, you’re better prepared to retire than you were.   Start Working Now  No matter how close retirement may be, you can add to your funds. Invest more from your paycheck, even if it means doing without some things. Find the best investments to give you a good return with a lower amount of risk.   As you work with your advisor to get prepared for retirement, you’ll be less fearful of that day when it arrives. Work now so you can enjoy the time you’ve earned to not have to work.  
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Tags: Retirement Living in Federal Way, Senior Living Advice, Senior Caregiving Resources

Keep an Eye Out for Memory Loss in Your Senior Loved One

Posted by Kim Salas on Oct 9, 2018 10:32:30 AM
Forgetfulness is often seen as a natural part of aging, one that is unavoidable. Seniors laugh it off and say, “I must be getting old.” However, memory loss shouldn’t be accepted just because another birthday has rolled around. Numerous conditions can cause memory loss, which is why it’s important to recognize these behaviors so you can get an accurate diagnosis. Types of Memory Loss One of the first things you want to do is to determine what kind of memory loss the person is experiencing. It may be short-term memory loss such as they forgot why they walked into a room. It could be more long-term memory that is missing, such as the person forgetting important elements of a story from their childhood that they used to know so well. A person who suddenly starts misplacing keys, wallet or other items when they were normally organized is another behavior which should be noted. If they forget names, dates or other important information, you want to write that down as well. It’s important to note what is forgotten because it may give a clue to the underlying condition. Sometimes poor nutrition or a lack of certain vitamins or minerals can cause forgetfulness. Emotional issues like depression can show up as confusion and memory loss. You’ll also want to record whether the memory loss is getting worse or if it comes and goes as well as how long it’s been occurring. A doctor will use this information to rule out conditions or determine what further testing needs to be done. Physical Behaviors Other behaviors you may want to pay attention to include a person who may have changed their dressing or personal hygiene habits. Whereas they once were nicely dressed, they often appear unkempt. It may not be safe to leave them alone. Respite care often becomes important in these situations if a family caregiver cannot always be present. The person may have difficulty participating in conversation because they don’t remember a word or even remember what the topic was about. They may substitute words for what they mean and not realize anything is incorrect. When these behaviors are noted, it’s often a sign of dementia. The signs usually occur after the loss of memory has been going on for a while. Emotional Changes Memory loss is frustrating regardless of how severe it is. It can cause the person to become more irritable and angrier. However, other emotional behaviors may be signs of a health problem when coupled with memory loss. A person may have a complete change in personality and go from being outgoing and happy to quiet, withdrawn and sad. They may avoid family and friends because they know somethings wrong but not understand what it is. If you or someone you know is experiencing any of these signs, take it as an indication to get help. Don’t hide from the problem. Instead, get medical attention. Many medications and other treatments are available to stop or slow down memory loss. In some cases, it may even be possible to reverse it but only if you get the medical help you need.
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Tags: Retirement Living in Federal Way, Senior Living Advice, Senior Caregiving Resources

It's Never Too Late to Track Nutrition: Here's How to Start

Posted by Kim Salas on Sep 24, 2018 10:55:00 AM
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Tags: Retirement Living in Federal Way, Senior Living Advice, Senior Caregiving Resources

5 Best Charity Events in Federal Way

Posted by Kim Salas on Sep 21, 2018 10:54:00 AM
A night out at a charity event to raise money for a worthy cause is a wonderful way to spend your evening. You’ll find a number of charity events right here in Federal Way or surrounding communities. Consider donating your money and attending one of these wonderful events.
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Tags: Retirement Living in Federal Way

5 Benefits Of Writing For Active Seniors In Federal Way

Posted by Lisa Valdes on Sep 19, 2018 3:45:00 PM
Many a wall hanging has been embroidered with the words, “Sing like no one’s listening, love like you’ve never been hurt and dance like nobody’s watching.”
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Tags: Senior Living Advice, Healthy Seniors in Federal Way, Federal Way Independent Living, Assisted Living Federal Way

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