No one has a crystal ball, at least not onethat works, but we can still see a fewthings coming as we age. That’s why it’sgood to think ahead and plan for whatwe would do if we became ill, could nolonger walk or drive, or wanted to getready to retire. By preparing now, we cankeep our lives running smoothly as weage and our lives change.
Talk with your loved ones
It can be difficult to talk about aging ordying. As we age, family and friendsmay also worry about the future. It’simportant to talk about any fears orconcerns now because these discussionsopen lines of communication needed toface later challenges.
Review your finances
Some of us are saving for retirement orearning a pension from an employer.
Others find it hard to save and will relyon government pensions and support.
Reviewing your finances in your
Ready for anything
Preparing for change as we age
WRITTEN BY JEN ALLFORDILLUSTRATED BY JASON LIN
20s, 30s, 40s and 50s will give you anunderstanding of how you’ll be able tolive in retirement.
You can also consider various optionssuch as renting a room or suite in yourhouse for extra income. You might beeligible for a home equity line of creditor a reverse mortgage from your bank.Both of these tools let you borrow moneyagainst your home now and pay it backwhen your house is sold.
If your income is low, you may beeligible for benefits from the Albertagovernment’s Seniors FinancialAssistance program.
Learn more at Your Money Seniors,
Albertans have a long list of housingoptions. Alberta Health Services andprivate healthcare providers offer avariety of independent and supportiveliving options.
To learn more about the options in
Care to plan. Plan to care.
your community, see the Alberta
Seniors Communities & Housing
Association’s online directory at
Would you want to be resuscitated if
Plan your estate and write a will
you had a serious brain injury? Or go
on life support after a stroke? It’s hard
to think about illness or the end of your
life. Learning about and discussing
your healthcare options with loved ones
ensures your wishes are respected if
you’re ever unable to speak for yourself.
Talking about tough decisions
today and taking part in advance care
planning also spares your loved ones
from having to guess what you want.
For a step-by-step guide to
advance care planning, visit
A will is an important legal documentthat details what happens to your