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Age And Stage

Podcast Age And Stage
Age Space
Age & Stage brings you practical guidance, expert help and inspiration to help navigate all aspects of elderly care and old age.  Presented by Age Space’s Annab...

Tilgængelige episoder

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  • Funding & Financial Advice For Later Life Care
    Daisy McAndrew and Annabel James discuss later life funding and financial advice for the elderly with Jane Finnerty, co-chair and co-founder of the Society of Later Life Advisors (SOLLA), a non profit organisation providing accredited training to IFAs who provide financial services to older people. They can be found at https://societyoflaterlifeadvisers.co.ukGet in touch with your comments & questionsEmail: [email protected] Voicenote: www.speakpipe.com/ageandstageWhatsApp: 07982 360113Share Age & Stage with friends & family: https://pod.link/1798413657Age Space: www.agespace.orgChallenges for later life funding and financeThe historical focus of financial services didn’t account for the new phenomenon of living much longer into later life. With the increase in life expectancy and to allow for 30 years or more of funds, it’s important to understand the different income streams available, including pensions and home ownership.Differences Between Regular and SOLLA-Accredited Financial AdvisorsSOLLA-accredited advisors specialise in later life financial advice, going beyond general financial advice – and are trained to consider the specific needs of older clients, including cognitive decline and mobility issues, and can explain complex financial concepts clearly.Navigating Financial Conversations with Family MembersStart having financial conversations with family members early. If a ‘Power Of Attorney’ document is part of the plan, it’s important to consider the right person to be appointed as the power of attorney. This power of attorney can also be accompanied by a ‘letter of wishes’ which, whilst not legally binding, helps explain the decisions made. A power of attorney isn't a 'free-for-all' to manage someone else's affairs and is often misunderstood.Gifting and Equity ReleaseThere are different ways to gift money, including gifting out of income. There are also benefits and risks to equity release and lifetime mortgages. It’s important to bring in specialist advice.Annuities and Care Annuities‘Annuities’ have seen a resurgence and might well be a consideration as interest rates have increased. Whilst there could be tax advantages to care annuities, once again it’s important to take regulated financial advice.Paying for Financial AdviceFinancial advice is valuable for everyone, not just the wealthy. The advice can help clients claim benefits like attendance allowance and be well worth the initial cost.NHS Continuing HealthcareNHS Continuing Healthcare offers some people free health and social care and is funded solely by the NHS. The assessment includes what help is needed and how complex, intense and unpredictable the needs might be. https://www.nhs.uk/conditions/social-care-and-support-guide/money-work-and-benefits/nhs-continuing-healthcare/As always with money matters, it's important to seek financial advice. Hosted on Acast. See acast.com/privacy for more information.
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  • What is good care for elderly parents and relatives?
    The complexities of finding great care homes with Stephen Burke (www.hallmarkfoundation.org.uk), a care sector advocate. Stephen shares his personal experience and insights on the importance of planning for care needs.Email: [email protected] Voicenote: www.speakpipe.com/ageandstageWhatsApp: 07982 360113Share Age & Stage with friends & family: https://pod.link/1798413657Age Space: www.agespace.orgChallenges Of ComplainingThe importance of consumers commenting on care services, similar to other consumer products. The challenges families face when making complaints about care homes, especially for older relatives. The need for families to be aware of their rights and the importance of assessments by local authorities to understand care needs.Initial Steps in CaregivingInitial steps when a relative needs extra help, focusing on identifying needs and practical support, discussing needs with the relative and identifying what help is required, from basic tasks like cleaning and shopping to full home care. The stigma around the word "carer" and how it can be more acceptable to describe it as "help" initially. And the various types of care available, from housekeeping and companionship to overnight care and living care, and the importance of understanding individual needs.Financial Aspects of CareThe role of local authorities in assessing needs and providing support and the financial assessments for care services.The importance of having an assessment even if the family is paying for care out of their own resources.The need to plan ahead to ensure the right housing and support as people age.Geographical and Demographic ConsiderationsThe impact of geographical location on care services, particularly in coastal and rural areas and the challenge of accessing those services. The need for housing options that support aging well, including staying connected and maintaining networks of friends and the importance of planning for care needs early to avoid making decisions in a crisis situation.Hospital Discharge and RehabilitationThe role of family members in facilitating a smooth transition, standing up for relatives in hospital and ensuring a proper discharge plan is in place. How the first six weeks after hospital discharge is critical and the importance of having the necessary support in place. The revolving door situation where people are stuck in hospital or leave without proper support, leading to repeated crises.Choosing the Right Care HomeThe process of choosing a care home, including spending time at the home and talking to residents and staff alongside using multiple sources of information, including reviews and local authority assessments, to make an informed decision. The importance of staff turnover and consistency in care, as well as the role of technology in monitoring care - and the need for good communication to ensure quality care.Costs and Financial PlanningWith current prices ranging from £1000 to over £2000 a week, the options for financial planning, including selling the home and using savings. The importance of planning ahead to cover care costs and the role of financial advisors in this process and the financial implications.Final Tips and Practical AdviceUse local authority services, organisations like Age UK, and websites like Age Space for information and support. The importance of speaking to other families and the need the need for practical planning and early preparation. Hosted on Acast. See acast.com/privacy for more information.
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  • Start planning ahead for elderly care
    Welcome to Age and Stage, a new podcast for everybody, caring for or supporting their elderly, parents, relatives, friends, even neighbours. Do please get in touch with us:You can email the show: [email protected] Record a voice note: https://www.speakpipe.com/ageandstageWhatsApp message – 07982 360113Please share Age & Stage with friends or those who would find this podcast useful. You can send them this link: https://pod.link/1798413657More information on all this and more at www.agespace.orgPlanning ahead - parenting your parents It's about paying a bit more attention when you go home, what's the fridge looking like? If things start to be out of their sell-by date, or there isn't much food in the fridge. And somebody who was always very house proud, it starts feeling different, smelling different. Is the post being opened? Questions to ask to start planning ahead for elderly careThere are three conversations to have with parents and relatives if you can:1.Where do you want to live? Do you want to stay in your own home? Would you down-size or would you come and live with me? 2. Thinking about if you're going to need care, what would you like? Would you have people living in? Do you want people who come in the day? Is there a care home locally that people recommend? 3. How might this be paid for? The demographics of an ageing populationIt's thought between seven and 10 million people provide unpaid care every week for an elderly parent or relative. Millions more in the next 10 years will be over 85 and all the issues this will bring. And the sandwich generation, teenage kids and a mother in her mid 80s with mobility issues and memory issues. Many of us have children later and our parents need help at the same time. Siblings and family dynamicsEvery family is different. Try and share the responsibility before you need to. Somebody's living in Australia, maybe they can do the finances, or, if somebody's close by, they look after the home, and somebody else might look after the care decisions. It's about playing to people's strengths so that everybody does feel they have an involvement, but also responsibility to be involved. Loneliness in old age By the very nature of ageing your social circle gets smaller as your friends die. A friend of mum's said that every year she was determined to make a younger friend, because she wanted to ensure her future social life. But a lot of the older generation either find it too difficult to keep up with their friends, or want to rely on their nearest and dearest, but you do want to encourage a social life, and sometimes the pressure on you to be that social life as well as the carer is huge. Hosted on Acast. See acast.com/privacy for more information.
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  • Age And Stage - Coming Soon
    Starting Thursday 6th March, a brand new series for those caring for elderly relatives and friends, or those about to embark on the complex journey, presented by Age Space's Annabel James alongside broadcaster and journalist Daisy McAndrew.The series will cover everything from finding the right care, funding that care, the legal and financial practicalities of old age and much more, along with no-nonsense advice and guests who are experts in their fieldLike or subscribe in your podcast app to make sure you never miss an episode. Hosted on Acast. See acast.com/privacy for more information.
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Om Age And Stage

Age & Stage brings you practical guidance, expert help and inspiration to help navigate all aspects of elderly care and old age.  Presented by Age Space’s Annabel James and journalist & broadcaster Daisy McAndrew, we tackle a different subject every week in conversation with guest experts who each bring a wealth of experience and expertise.Advising on everything from different kinds of care, funding care and legal things to consider, the practicalities of helping elderly parents and relatives remain living independently and safely at home, conversations about when to stop driving, getting a dementia diagnosis,the importance of a power of attorney; family dynamics, death and grief, and much more.You can email the show at [email protected], leave a WhatsApp message at 07982 360113 or record a voicenote here: https://www.speakpipe.com/ageandstagePlease share Age & Stage with a friend, or someone you know who would be helped by the information in this series. You can send them this link: https://pod.link/1798413657Find out more about Age Space at www.agespace.org Hosted on Acast. See acast.com/privacy for more information.
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