Aging In Place, Effective Planning for Caregiving & Origins of an Audio Empire

Aging With Grace 55+

Architect Aaron Murphy shares his passion for housing that allows for Aging In Place in your own community. Technology is pivoting. Medicine is advancing. But according to this Certified Aging In Place Specialist, home design hasn't changed much since WWII as builders are still erecting two-story homes. Coining the term "Empowering Housing", Aaron says "Families are going to suffer the consequences; a future without housing will create a lack of independence, autonomy, and personal freedom of choice." The founder of Foreverhome-us.com shares the good news from Chicago to Tokyo on how planning and acting NOW specifically creates benefits for the homeowner beyond simple DiY handrails. Director Amy Arnette from dpl financial partners returns to discuss financial challenges around Caregiving. Genworth reports 66% of Caregivers are paying from personal savings and retirement income to provide care for aging parents. Absent proper financial planning for Long Term care can crater individual income or family savings. Amy shares the importance of customizing financial plans given 10,000 Americans started turning 65 years old every day! You do not want to be the son or daughter suffering mutual indignities of role reversal including cleaning and tending to other personal needs of mom or dad. Episode concludes with origin story of AMPEX as a shining example of toiling in obscurity to build an international brand that at the death of its founder was worth half-a-billion dollars.