If you were to go on any type of a journey you would want to know what lies ahead so that you can be properly prepared. This is a good way to view retirement planning.
When you are looking ahead toward your golden years and the twilight years that will follow you would do well to adopt a realistic and pragmatic attitude. There are some eventualities that should be addressed that are not entirely pleasant, but ignoring them could make a challenging situation all the worse.
People who start to reach an advanced age often find it difficult to get around and do everything for themselves. They need help with their day-to-day needs, and some require more assistance than others.
While many individuals who are in this position enter assisted living communities or nursing homes, there are those who would prefer to remain in their homes. This can often be facilitated by engaging the services of an in-home caregiver.
Northwestern University recently conducted a study that found the screening processes of private agencies that send out these home health aides to be extraordinarily lax for the most part. The vast majority of the agencies they contacted do not provide training and they don’t ask applicants if they are in any way versed in rudimentary medical terminology.
Only slightly more than half conducted criminal background checks and none of them took the time to run checks out of their own states. Two thirds of them did not include drug testing as a condition of employment.
The suggestion here is to exercise extreme caution when choosing an in-home caregiver. There are good resources out there and many home health aides are extremely compassionate and committed, but you must take the time to separate the wheat from the chaff.
- Beneficiary Designations and Other Non-Probate Transfers - February 24, 2020
- Estate Planning Conference DiscussesSECURE Act and More - February 17, 2020
- The SECURE Act and What It Means for You - February 10, 2020