Posts Tagged "aging parents"

Securing Our Future Finances

Posted by on Sep 8, 2010 in Financial and Tax Matters | 0 comments

When helping aging parents with money matters or planning our own retirement, we may be drawn to investments that guarantee a more predictable future income and protect us against financial risks. Here are examples of investments that offer some degree of guaranteed income:  1. Savings accounts pay very low rates of interest and often don’t keep pace with inflation, but offer certainty…and quick, easy access to your money. 2. Guaranteed Investment Certificates (GIC’s) have long been attractive for conservative investors. They guarantee both principal and interest. Returns are...

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Aging Parents and Sibling Rivalry

Posted by on Sep 7, 2010 in Family Relationships | 0 comments

When an aging parent is thrown into a crisis, siblings have the chance torally around each other and use their strengths to cope with the crisis in a way that serves everyone’s best interests. But old rivalry, competition and established role relationships and scripts can heighten conflict and crisis. How can brothers and sisters put aside these patterns when they are forced together to help their aging parents?  First, recognize and accept differences. You and your siblings do not necessarily share values, beliefs, and experiences; in fact, you may come from different generations! If...

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Long Distance Caregiving

Posted by on Sep 7, 2010 in Caregiving | 0 comments

Many families are faced with the unique issues of long distance caregiving. The ordinary challenges of helping and caring for aging parents can multiply when you live thousands of miles away or even overseas. Val moved to Canada from England 16 years ago. She became a daughter whose parents lived “across the pond.”  Having made many trips to Britain, Val shared with us some tips that she has learned over the years. Here are the biggest challenges she experienced: Understanding what is going on – and encouraging family at home to be open and honest about the current...

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Sensitive Conversations

Posted by on Sep 7, 2010 in Family Relationships, Sensitive Conversations | 0 comments

Many of us have concerns about our parents’ health and well-being, or about their living arrangements. Our concern can lead to anxiety and frustration and we can be tempted to offer advice about “solutions” that seem obvious to us.  But our parents won’t welcome unsolicited advice any more than we did when they offered it to us. Successful conversations depend on two things: the kind of relationship you have with your parents and the nature of the conversation. If you have always been the “wonderful daughter”, you might be able to influence your...

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When Aging Parents Won’t Accept Help

Posted by on Sep 7, 2010 in Family Relationships, Sensitive Conversations | 0 comments

Even families who have good relationships with each other face challenges and uncertainty when the needs of aging parents change. One of the common issues is aging parents who appear to refuse help. It causes frustration in adult children and anxiety in the aging parent. An impasse can easily result. Several new dynamics emerge. You become aware of your own emotions – worry, sadness, anger. If you have siblings, you wonder what roles each of you will play to support each other and your parents. You may feel anxious because family relationships have been strained in the past.   Most...

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