Why are Canadians avoiding their long-term care planning?
A survey for Manulife Financial reveals that seven out of 10 Canadians said they would prefer to have an annual physical exam than spend an hour discussing their long-term care needs. This reluctance in discussing their future long-term care needs helps explain why only 21 per cent of Canadians have factored long-term care costs into their retirement planning.
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Plan for Living – Will Illness Destroy your Retirement?
We close our eyes and we dream. We dream about foreign travel and exotic locations. We dream of a quiet country home and peaceful surroundings. We dream of a stress-free lifestyle and idyllic family life. Are these visions mutual fund commercials? No. Retirement dreams. Oh they may be idealistic, but they’re ours, and it doesn’t seem to matter if you’re in your 20s, 40s or 60s, we all dream of a retirement free of day-to-day pressures and oodles of time and opportunities to pursue all those dreams and leisure activities we’ve delayed doing. We all believe that we will lead better lives when we ‘retire’.
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Tips On Choosing a Retirement Residence in Ontario
As we age, our lifestyles change. For example, we may no longer need or want a large house. We may prefer something of a more manageable size because the demands for maintenance increase or because of difficulties in managing stairs, the house may be unsuitable.
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Independent Supportive Living in Ontario
Independent/Supportive Living options provide both the advantages of living independently in an apartment and the availability of supportive services and amenities typically provided in full-service retirement residences.
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