How do you as a family help your senior loved on through the process of downsizing to a new home for a life change? Whether it be to independent living for active seniors, or maybe they're transitioning to an adult family home, or go into a senior community, maybe memory care or dementia care, there are a lot of options out there. Daphne Davis from Pinnacle Senior Placements joins Suzanne Newman on the Answers for Elders Radio Show to provide us with a checklist for helping our loved ones through this challenge. She talks from the perspective of a family not having a placement advisor to walk alongside them and giving them all the little details of how to how a successful transition. She highly recommends selecting a placement advisor or referral agent – they don't cost you anything and provide a wealth of information during this process.
Daphne says, "You need to know what your budget is, not only the total amount that you have, but your monthly expenditure that you can afford. There might be cash flow issues that go along. Now. If you had an advisor, they'd be bringing all of these things up and they'd be working through it and they know on the top of their head how much things cost.
If you have a book that you're looking at, very often that information is not going to be accurate. It's going to be information that is at the lowest scale of pricing for rent and care. Know that there's two different things, if you're looking at assisted living or independent living in a large community, the numbers that you see are not going to include care. Look how many things you might trip over. And we haven't even gotten to the building yet."
Daphne goes into detail about her checklist:
1. Have a clear picture of who needs care, assess the situation.
2. Assess the budget.
3. Know the general area they're moving to.
4. Establish your highest values
5. Do they convert to Medicaid when money runs out?
Reach Pinnacle at 1-855-734-1500 or visit PinnacleSeniorPlacements.com.
To final a referral agent in your area, visit the National Placement & Referral Alliance website search.
Learn more:
* Pinnacle Senior Placements at Answers for Elders.
* Hear more podcasts with Daphne Davis
Check out our affiliate podcast Alzheimer’s Speaks.
Mentioned in this episode:
Legacy Estate Planning
Chateau Retirement
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.