Choosing the Right Place To Call Home
This feature article from the Ontario Residential Care Association provides information of use to all Canadians. While provincial legislation may differ, the basic information on selecting a residence is the same. Links to other provincial associations are provided at the end of the article.
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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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Retirement Residences in Ontario
Retirement Residences meet the needs of those individuals who need greater security or who are no longer able to manage all the activities of daily living by themselves. These facilities aim to allow residents to continue to live with dignity and as independently as possible, while providing the security, care and supportive services necessary.
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