12 February 2019

February: A Love Month for our Elders Too

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By Michael Rambaldini 

Director|Certified Financial Planner|Aged Care Professional

Barely a few days before celebrating Valentine’s Day, everyone is busy preparing to give gifts and flowers on what is widely known as “Heart’s Day”. But let us not limit it only for the heart, let us also include the ‘Mind’ or more like our Mental Health.  

Our lack of awareness on Mental Health might be one of many things that has to change. We are now in the modern world and everything has ultimately changed over the years. But not yet with our desire to educate people about the importance of knowing that Mental Health issues have become rampant and that it matters, too.

According to World Health Organization (WHO) in their online newsletter* published on 2017, Dementia and Depression are two of the most common Mental Health issues that affect the elderly and the lack of awareness and understanding on these have resulted in denial to diagnosis and care. The ones who suffer from these are mostly our elderly population.

The key to resolve this growing problem is to start within our own household. These are the elderly family members and friends who are within our reach. This is where we can make a huge difference.

As a support person/group, the weight of the problem is felt by us. We’re the ones who detect early symptoms of these Mental Health issues as it appear on the surface.  We’re the ones our elderly calls upon whenever they need assistance, when they need the utmost care, when they fidget in their beds trying to sleep but can’t.    

Therefore, we are the right person to intervene and ensure that our elderly family and friends are not taken advantage of and not left without options.

Financial Planning for our elderly is essential for their financial well-being. Aged Care would cost money and so a better way of planning things can help them a lot.

Let us help you on this matter. Please visit our website and find us in Facebook, Twitter and LinkedIn for further details.

* https://www.who.int/news-room/fact-sheets/detail/dementia

The author is an employee of Verante Financial Planning in Castle Hill, Corporate Authorised Representative of Magnitude Group Limited, Licence No 221557, Magnitude Group Limited ABN 54 086 266 202.