Ageism

The politics of aging and ageism

The politics of aging and ageism

In March 2008, George Smitherman, the then Ontario Minister of Health “…wanted to “better understand the patient experience” by donning the incontinence diaper following complaints from nursing home staff about residents being forced to wear soiled diapers for much of the day, because there are not enough caregivers to change them.”[1]. It appears that his idea was to assess the […]

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By |September 18th, 2013|Ageism|0 Comments

Ageism, hollow advice, and lost opportunities

Ageism, hollow advice, and lost opportunities

I have worked with the notion that articles in the personal finance section of the Globe and Mail newspaper were intended to provide readers with ideas for improving their financial management techniques.  A recent article had a rather ironic title – “Popular advice that might be best to ignore”.  Ignoring the article is probably the best solution I can offer […]

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By |August 1st, 2013|Ageism|0 Comments

The Non-Market Economy & the Need to Measure Aging

The Non-Market Economy & the Need to Measure Aging

Seniors make a significant contribution to society much of which without a financial payment and hence not included in economic measures. Seniors’ contributions and challenges need to be included in non-market GDP alternative measures.  The exclusion of seniors from these alternative measures is fueling the inter-generational equity debate.  Instead of placing a value on seniors in our society, they are […]

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By |June 16th, 2013|Ageism, GDP|0 Comments

10 Myths of “Warehousing Old People”

10 Myths of "Warehousing Old People"

I’ve heard the phrase ‘warehousing old people’ many times.  Statements such as these need to be stopped and I believe that will happen only through education.  It is a greatly misled statement.  It’s also very hurtful to families as well as to professionals working in health and social services.  Ten myths (there are many more) I’ve addressed about institutional care: 1.  It is impossible […]

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Part 3 of 3 – Just because you’re healthy doesn’t mean you don’t require a POA

Part 3 of 3 – Just because you're healthy doesn't mean you don't require a POA

The Vancouver Sun published a letter from on April 24, 2013 that has caught my eye – http://www.vancouversun.com/life/take+tarnish+golden+years/8286714/story.html Ms. Zimmerman’s letter and concerns were motivated by a conversation with her financial advisor initiated at the request of his supervisor.  The conversation was about a suggestion for Ms. Zimmerman to appoint a power of attorney (POA) for property, given her age […]

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Part 2 of 3 – Were the actions of the advisor or the firm ageist?

Part 2 of 3 – Were the actions of the advisor or the firm ageist?

The Vancouver Sun published a letter from on April 24, 2013 that has caught my eye – http://www.vancouversun.com/life/take+tarnish+golden+years/8286714/story.html Ms. Zimmerman’s letter and concerns were motivated by a conversation with her financial advisor initiated at the request of his supervisor.  The conversation was about a suggestion for Ms. Zimmerman to appoint a power of attorney (POA) for property, given her age […]

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Part 1 of 3 – Were the advisor’s actions unsuitable?

Part 1 of 3 – Were the advisor’s actions unsuitable?

The Vancouver Sun published a letter from on April 24, 2013 that has caught my eye – Let’s take tarnish off golden years, by Lillian Zimmerman.  http://www.vancouversun.com/life/take+tarnish+golden+years/8286714/story.html Ms. Zimmerman’s letter and concerns were motivated by a conversation with her financial advisor initiated at the request of his supervisor.  The conversation was about a suggestion for Ms. Zimmerman to appoint a […]

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Excellent guide from CFP Board helping seniors protect themselves

Excellent guide from CFP Board helping seniors protect themselves

A recently released guide from CFP Board©, written by consumer advocate Eleanor Blayney provides helpful guidance.  You can access it here: http://cfp.net/docs/publications/financial_self_defense_guide_for_seniors.pdf?sfvrsn=2    The full title is self-explanatory: Financial Self-Defense for Seniors – Know the Red Flags and Avoid Financial Abuse The layout of the booklet helps information to be conveyed very clearly and easily.  There are 10 red flags (or […]

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Gifting – Question #5 – Ownership of Assets

Gifting - Question #5 - Ownership of Assets

Some people feel that once a person is older they no longer require their assets.  This mislead viewpoint thinks it is fine to being to use the older person’s assets because they will pass away before the assets are required.  Often this perspective is held by individuals who will inherit the remaining assets.  They feel that their current need for […]

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