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Effects of Caregiver Stress; Oakville, Ontario

Monday, September 28th, 2009

Because of the baby boom generation, Canada’s median age is about to increase by quite a bit. In fact, by the year 2020, a full 20% of people living in most provinces in Canada will be over the age of 65. While these aging baby boomers will be healthier, more active, and live longer than their parents’ generation, nonetheless they will face the same problems that the elderly have always faced: they will gradually become physically weaker, cognitively weaker, and require long term care from their families or from a long term care facility.

Who are Canada’s Caregivers?

Most long term care for our elders still happens within the family. A recent survey discovered that nearly 2.5 million Canadians older than 45 are primary caregiver for an elderly family member or close friend. Of these caregivers, the majority are women (about 60%), and those most often cared for are parents or parents-in-law.

Caregiving Takes a Toll

Caring for elderly loved ones is not easy. About 53% of Canadians over the age of 65 have a severe to moderate disability. Caring for someone with these sorts of needs, while simultaneously caring for oneself and one’s own family, can lead to a great deal of stress for the caregivers. More than two-thirds of the women who care for an elderly loved one also hold down a job, while nearly 80% of men who are caregivers hold down a job.

Valinda Woods of Oakville, ON, knows what this is like. A teaching assistant in Oakville, Woods has a 90 year old father with Alzheimer’s disease who lives in his own home because he refuses to leave his house of 55 years for a long term care facility. Woods frequently leaves her job for an extended lunch in order to run errands for her father and check on him. While Woods has a very understanding employer, she wonders what would happen if her employing was less sympathetic to her plight, or if she had the sort of job that required her to be in the classroom all day.

Recognizing the Signs of Caregiver Stress

Here are a few of the signs of caregiver stress, as listed by the Alzheimer Society of Canada:

- Withdrawing socially from interacting with friends or participating in hobbies.
- Anxiety and depression.
- Exhaustion coupled with sleeplessness.
- Lack of concentration.
- Weight gain, weight loss, or increased susceptibility to sickness.

If you notice these sorts of symptoms of stress in your own life, reach out to a support group or advocacy group to help you find creative ways to cope.

The Cost of Getting Older in Canada

Monday, September 28th, 2009

Right now, 4 million Canadians are over the age of 65. By 2026, that number will double to 8 million Canadians. The aging population will doubtless take a costly economic toll on individuals, families, and the nation as a whole. Exactly what costs are associated with getting older in Canada, and what should aging baby boomers do to slow that cost?

Plan Ahead

The retirement years are another phase of life, just like entering university or taking that first step into one’s career. And just like entering the job market for the first time required preparation and planning well in advance, our senior years also require good advanced planning. Planning out the costs of your retirement should start five or even ten years in advance.

As a rule of thumb, expect to need about 70% of your pre-retirement income in your retirement years. In New Brunswick, one senior offers the advice to try to live on that 70% of your income now, before you are retired, just to get a feeling for what it will be like to live without that extra 30%.

Going into retirement debt-free is also a very good idea. This may require some creative living in the years before retirement, as those in their forties and fifties may need to downsize in order to achieve the goal of being debt-free by 65.

Canada Pension and Old Age Security

At the age of 65, Canadians can receive a maximum of $844.58 per month from the Canada Pension (CPP). You can access your CPP before the age of 65, but you should be aware that it is taxable.

Old Age Security (OAS) also activates at 65. The standard Old Age pension is $484.63, but low-income pensioners can also apply to receive additional help.

Economic Help for Seniors in British Columbia

Each province also has its own programs to help seniors afford to enjoy a high standard of living even as their yearly income decreases. In British Columbia, these include:

- Shelter Aid for Elderly Renters (SAFER) helps low to moderate income seniors continue to afford their rent.
Sales Tax Credit, which seniors can apply for to save money each year on their taxes.
The CareCard for Seniors entitles seniors to save on prescriptions and other medical expenses.
Anyone who receives Income Assistance in BC, including seniors who receive the Guaranteed Income Supplement (GIS), are eligible to receive a bus pass that costs only $45 for the entire year.

Thanks to programs like this in British Columbia and throughout Canada, seniors can retire with a measure of confidence that they will be able to afford those “golden years”.

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