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Why You Should Consider a Retirement Home for Your Loved Ones

The word reluctant appropriately describes the families of Canadians who take their loved ones to a retirement home for the first time. But a look at the professional retirement homes programs shows why you should consider assisted living retirement homes for your loved ones.

The Sudden Financial Costs of Caring for Elderly Parents

According to a 2014 post at Financial Post, many people in Canada spend up to $50,000 on the care of elderly parents annually. Many Canadians spend their savings to care for their elderly loved ones. 7 in 10 family caregivers provide financial assistance to their parents or aging relatives, a 2012 BMO survey suggests. Half of the family caregivers often have to change their investment plans.

Families whose loved ones have Alzheimer’s dementia and mobility challenges do not know how the home care will cost in future. With a wheelchair costing $4,000 to $5,000 and a walker going for between $400 and $500, the assisted living home is a better option as the equipment your loved one will be available.

Your Parents, Your Kids, and Your Future

As of 2007, 75 percent care for the elderly in Canada came from people between 45 and 64 years. The age group has to balance between having to supplement care for the aging parents, providing the children with university education, and saving for themselves. According to The, the daily hospital costs for patients is $1,000 while the long term care at nursing homes costs only $55 daily, which will give significant savings.

The Extra Care for Your Parents

When your parents need extra care, who can deny them? You may hire a personal health caregiver to your parents bathe once a week. But what if your loved one requires bathing every day? The assisted living residences provide the change of clothes, incontinence products, and a well-run health-care system as quickly as you would like.

Caregiver Stress May Signal the Need for Help

An article about caregiver stress in The New York Times discusses the high psychological of caregiving. People who provide family-based-therapy to Alzheimer’s, dementia, or memory loss patients may suffer post-traumatic stress disabling anxiety, and hyper-vigilance.

The symptoms and pressure of caring for dementia patients may include lack of normal sleep and poor eating patterns as a result of spending so much time on home-based caregiving.

You may also suffer the guilt of not doing enough. When you realize that you are not living for yourself anymore, have sleep deprivation, anger, or resentment, you might want to consider nursing homes for your loved one.

The Tipping Point

The decisive moment might be just the moment your loved one starts to run away from home regularly. Or when your parent is lonely at home. You may not have the time to watch your loved one day and night, but the staff at the residences for the elderly will give long term care and 24-hour service.

May 12, 2016 Category: Articles Posted by: admin

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