The process of aging successfully is at least partly an art, according to some experts. The individual or married couple will do much better in later years if they have paid attention to their physical conditions, mental relaxation and cutting-edge nutritional benefits. For those who reside in Texas, having relationships early in life with experienced elder law attorneys is also a vital cog in the wheel of balanced aging.
These factors all interact to produce a strong and proactive relationship with the aging process and the family members and others with whom one will interact along the way. The physical part is obviously important in several ways. Just on the level of overall health, prolonging one’s life span and enjoying life as much as possible can keep a person independent and living in an independent environment for a decade or more longer than people who have not physically or nutritionally engaged.
However, statistics do say that most people into their 70s and 80s will eventually find the need for some kind of assisted living structure to assure access to necessary medical and supportive resources. The financial reality, however, will possibly shock a person who is beginning to prepare a financial program for post-retirement and beyond. Just in rough terms, it costs an average of $100,000 per year to live in an assisted living facility or nursing home.
Residents of Texas will want to become familiar with the Medicaid laws to begin a concerted effort to qualify in future years, assuming one’s finances will require governmental help. A trusted elder law attorney and associated support staff are a valuable asset when one needs assistance in setting up a plan for Medicaid. In the planning process, the attorney and other family members must remember to keep the interests and needs of the elderly loved one at the forefront of all discussions and plans that are selected.
Source: rbj.net, “Stay fit, plan ahead, say experts on aging”, Greg Prokriki, Oct. 14, 2016