Retirement Archives - FirstLantic Blog

7 09, 2022

Keeping Social Security Available for Future Generations

Kate Jordan2022-12-19T21:09:46-05:00September 7th, 2022|Categories: Retire, Retirement|Tags: #FirstLantic #CaseWorkers #HomeHealthcare #HomeCare #ElderCare, #HomeHealthcareBroward, #HomeHealthcareDelray, baby boomers, extending social security, home healthcare cost, home healthcare near me, home healthcare south florida, retiring on social security, social security benefits|

When President Franklin D. Roosevelt signed the Social Security Bill into law on August 14, 1935, he could hardly have predicted that it would end up being one of the most successful anti-poverty programs ever created within the U.S. Without Social Security benefits, 21.7 million more Americans would currently be below the poverty line according to the Center on Budget and Policy Priorities. And Social Security does more than provide retirees with monthly payments. It provides ongoing income to surviving spouses and their children as well as disabled workers and their families through SSDI (Social Security Disability Insurance). Among elderly beneficiaries, 37% of men and 42% of women depend on Social Security for 50% or more of their income while 12% of elderly men and 15% [...]

8 08, 2022

Seven Tips for Seniors Battling Inflation

Patricia Neuray2022-12-19T21:10:00-05:00August 8th, 2022|Categories: #Stress, Budgets, Inflation, Retirement, Seniors|Tags: #FirstLanticHealthcare, #homecare, #HomeCompanions, #HomeHealthcare, #Inflation, #Seniors, #Stress|

Inflation is creating difficulties for people globally, but it can create an even more significant hardship for seniors on fixed incomes. There are over 56 million Americans that are 65 years of age and older, and about 12 percent of them live solely on Social Security, which pays an average of $1,658 per month. While payments have increased by 5.9% to account for cost-of-living adjustments, the U.S. Bureau of Labor Statistics reports that the consumer price index jumped 8.3% year-over-year in April. So, if you are a senior living on a fixed income, what can you do to adjust your lifestyle until inflation gets under control? FirstLantic offers five tips that you can put into action today. Consider getting a roommate. While you may [...]

2 05, 2022

Six Ways to Address Family Caregiver Stress

Patricia Neuray2022-12-19T21:00:11-05:00May 2nd, 2022|Categories: Aging, At Home Healthcare, Caregivers, Family Caregivers, Home Caregivers, Home Companions, Retirement|Tags: #caregiver, #homecare, #HomeCompanions, #HomeHealthcare, #Seniors, FirstLantic|

As more senior adults choose to age in place, family members increasingly bear the responsibility of ensuring their loved ones can live safely at home. Whether it’s helping them out with chores around the house or providing full-time support, it’s estimated that there are now 48 million family caregivers within the United States. And as caregivers try to balance their personal life with the needs of their loved ones, their stress has also increased significantly. FirstLantic explains the importance of recognizing caregiver strain and techniques to address it. Causes of Stress Caregiver stress can stem from a variety of factors, including increased responsibility, time demands, unfamiliar medical and nursing tasks, and the financial burden. A recent AARP report found that the average family [...]

9 11, 2021

Home Care Benefits for Senior Veterans

Patricia Neuray2022-12-19T20:51:56-05:00November 9th, 2021|Categories: Aging, assisted living, Financial Decisions, Home Caregivers, Loneliness and Isolation, Retirement, Veterans|Tags: #homecare, #Veterans #VeteransDay #HomeHealthCare|

Veterans Day is celebrated on November 11th to remember the sacrifices of those who served in the military protecting our freedoms. As Americans, we owe them and their families a huge debt of gratitude and respect. That's why no Veteran should ever have to worry about receiving proper care as they age. Although Vets are used to giving to others, they may require help as they get older. Home care is one of the best options as it allows Vets to remain safely in their homes while maintaining as much independence as possible. Fortunately, there are various types of home healthcare services available, so you can find the one that best suits you or a loved ones’ needs. Telehealth Operated by the U.S. [...]

2 11, 2021

Payment Options for Senior HomeCare Services

Patricia Neuray2022-12-19T20:52:38-05:00November 2nd, 2021|Categories: Aging, assisted living, Financial Decisions, Home Caregivers, Nursing, Retirement, Veterans|Tags: #homecare, #HomeHealthcare, #LifeInsurance, #LongTermCare, #LongTermCareInsurance, #MedicareAdvantage, #Veterans, FirstLantic|

One of the most challenging decisions seniors or their relatives can make is determining if and when to get help with their care. Many seniors would prefer to stay in their own home, but sometimes the basic chores they take for granted may become too much. They need some assistance with cooking, transportation, medication management, or simply could use some companionship. Whatever the reason, the more difficult question often becomes how to pay for care. FirstLantic offers guidance on payment options. However, before determining the best way to fund it, it’s helpful to differentiate between home care and home health care. Home Care Aides assist with daily living such as dressing, housekeeping, and transportation, referred to as personal care, attendant care, non-medical care, and companion care. [...]

27 07, 2021

Why Aren’t Companies Doing More to Recruit Older Workers?

Kate Jordan2022-12-19T20:33:01-05:00July 27th, 2021|Categories: Business, Careers, Retirement|

So, many of us have heard the term “fat-shaming” which basically means people (mostly women) are made to feel bad about their weight. It often happens online where trollers say horrible things while hiding behind their computer screens. Thankfully, over the last few years, this practice has encouraged consumers and businesses to take a stand and start advocating that women should be proud of their bodies regardless of their size. This is progress. But what about “age-shaming”? Making people feel “less than” because they are older (especially women) is the one form of discrimination that no one seems to talk about. Let’s look at careers for example. Why aren’t businesses actively trying to recruit older women and men? Many organizations are now struggling to [...]

15 06, 2021

Things to Consider When Choosing Between Home Healthcare or Assisted Living

Kate Jordan2022-12-19T20:40:26-05:00June 15th, 2021|Categories: Aging, assisted living, Retirement|Tags: assisted iiving, home health care, home health care vs assisted living|

For many seniors, there comes a time when they need a little extra help and have to decide whether to stay in their own home vs. moving into an independent or assisted living community. There are benefits to both so it’s important to determine what you need and then weigh the cost benefits and your personal lifestyle preferences. Here are the main things to consider: Requirements for assistance The first consideration is deciding on the type of services that you need. Do you simply require some help with household chores and/or meals or do you need full-time assistance because of medical needs? Is your home still manageable or has it become too much to handle because of size, layout or accessibility to doctors, [...]

25 05, 2021

Foster Care for Seniors

Patricia Neuray2022-12-20T00:14:44-05:00May 25th, 2021|Categories: Aging, Home Caregivers, Loneliness and Isolation, Retirement|

We have all heard about foster care for children or teens, but you may not know that there are similar programs for seniors or adults with disabilities. These group homes enable a person to live somewhat independently while also receiving the care they require in a smaller and more intimate setting. FirstLantic explores the topic further and provides advice on choosing the best living option for yourself or a loved one. What is adult foster care? An adult foster home must be licensed by the local or state Department of Family Services or Office of Housing and Adult Services and supervised by a licensed professional in foster care. An adult foster care home will likely have a house manager, house parents, counselors, social [...]

23 03, 2021

Five Ways Boomers Are Reinventing Retirement

Kate Jordan2022-12-20T00:50:25-05:00March 23rd, 2021|Categories: Aging, Careers, Retire, Retirement|Tags: baby boomers, careers over 50, retirement|

Boomers have always done things their way, so why should it be any different in retirement. Over 71 million baby boomers make them the second largest generational group right behind Millennials, which number at about 72 million. They are more educated and diverse than previous generations, and they have a considerable amount of aggregate spending power. Combined with the fact that they live longer and lead more active lives, they set their own rules for retirement. Those in the business of catering to seniors will need to evolve their strategy and meet this generation's unique expectations. FirstLantic explores five ways Boomers are remaking what it means to 'retire.' They are working longer. Many boomers choose to reinvent themselves by working part-time, consulting, or even [...]

8 12, 2020

Flexible Jobs for People Over 50

Kate Jordan2022-12-20T01:11:00-05:00December 8th, 2020|Categories: Careers, Retirement|Tags: careers over 50, flexible jobs, retirement jobs|

COVID-19 has undoubtedly given us all a lot of food for thought. Many people have started questioning their long-term work situation and are dreading the possibility of going back to a rigid 9 to 5 schedule along with a lengthy commute. In fact, one of the few positive side-effects of the pandemic may have been the opportunity for us all to slow down, spend more time with our family, and have a more flexible work and life balance. If you find yourself in this situation, you may want to think about jobs that offer more flexible hours and allow you to work from home permanently. And for those over 50, there are jobs out there that are perfect for people who have life experience and [...]