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September 13: How Economic Performance Shapes Retirement

Markets, He Wrote: How Economic Performance Shapes Retirement by Anirban Basu

When: Wednesday, September 13th from 6:30 – 8:00 pm

Where: Waldorf Jaycees- 3090 Crain Highway, Waldorf, MD 20601

RSVP: http://bit.ly/RetirementEconomics (Though the event is free, we ask that you RSVP so that we can plan accordingly. The first 50 to register will receive a free copy of The Complete Cardinal Guide to Planning for and Living in Retirement by Hans Scheil.)

Have you established your financial goal for retirement? If you haven’t, you are hardly alone. Only forty one percent of workers have even attempted to determine how much they will require in savings to retire comfortably. Many of those who have tried to figure this out are just guessing, or so it would seem. Anirban has more on this story.

Markets, He Wrote: How Economic Performance Shapes Retirement is the fourth of Sagepoint’s Community Education Series. The purpose of this series is to help educate members of the Southern Maryland community on a variety of topics related to healthcare and aging. We hope that you will benefit from this informative session and find it useful for you and your family.

 

About Anirban Basu

Anirban Basu is Chairman & CEO of Sage Policy Group, Inc., an economic and policy consulting firm headquartered in Baltimore, Maryland with offices in Pennsylvania and Indonesia. The firm provides strategic analytical services to energy suppliers, law firms, medical systems, government agencies, and real estate developers among others.

He currently lectures at Johns Hopkins University in Global Strategy. He has also taught international economics, urban economics, micro- and macroeconomics at Hopkins.

In both 2007 and 2016, the Daily Record newspaper selected Mr. Basu as one of Maryland’s 50 most influential people. The Baltimore Business Journal named him one of the region’s 20 most powerful business leaders in 2010.

Mr. Basu earned his B.S. in Foreign Service at Georgetown University in 1990. He earned his Master’s in Public Policy from Harvard University’s John F. Kennedy School of Government, and his Master’s in Economics from the University of Maryland, College Park. His Juris Doctor was earned at the University Of Maryland School Of Law.

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Sagepoint Receives $1,256.43 Donation as Recipient of McCafe for a Cause

Sagepoint Senior Living Services is pleased to announce that it has received a donation of $1,256.43 from the Welburn Organization which operates the two McDonald’s in La Plata and one in Waldorf. Sagepoint was selected as the McCafe for a Cause recipient for the month of May and this donation is the result of proceeds from coffee sales each Monday during that month.

The funds received will support our activities program which is responsible for trips and other activities aimed at ensuring the highest quality of life possible for all of our residents. One of the activities planned that will be funded by this donation will be a resident trip to the aquarium!

“As a non-profit organization, we rely greatly on the generosity of community partners such as McDonalds to provide our residents with experiences that improve their quality of life,” remarks Activities Director Erin Johnson. “This donation from the Welburn Organization will allow us to continue improving the lives of older adults and for that we are so very thankful!”

Stepura Selected as Sagepoint Pen Distributor Champion

In honor of #ThankfulThursday, we would like to celebrate our advisory committee member Barbara Stepura on being selected as our Sagepoint Star Pen Distributor Champion. Barbara consistently distributes Sagepoint pens throughout the community and, in fact, has distributed over 3,000 total pens so far!

With our recent name change from Charles County Nursing and Rehabilitation Center to Sagepoint Senior Living Services back in January of 2015, name recognition and branding is a priority of ours. It does not go unnoticed and is very much appreciated when an individual volunteers their time to help us raise awareness. Thank you Barbara for being a Sagepoint Star!

 

Sagepoint Wins National Healthcare Marketing Awards

Sagepoint Senior Living Services’ Pharmacy Bag Marketing campaign earned a 2017 Gold Aster Award in the national competition that recognizes excellence in healthcare marketing and advertising. Sagepoint’s mannequin challenge video, viewable here: https://youtu.be/HjzIX129f9o, earned a 2017 Silver Aster Award.

Director of Marketing Kelsey Pearson remarks, “We are very honored to again receive national recognition for our marketing efforts here at Sagepoint! We work hard to communicate our services to families in need throughout Southern Maryland and these awards speak to the success of our marketing efforts.”

In 2017, the Aster Awards received nearly 3,000 entries from hospitals, health systems, nonprofit public health organizations, and advertising/PR firms around the United States.  All entries were reviewed by a panel of industry experts and were scored on multiple criteria against similar-sized organizations in their specific groups and categories.

Awards were issued for entries that received top marks from judges placing them in the top 16% of the nation for advertising excellence. Judging criteria included creativity, layout and design, functionality, message effectiveness, production quality and overall appeal.

 

 

 

 

Sagepoint To Participate in Pilot Dementia Training



Sagepoint Senior Living Services is pleased to announce that, as a sign of our commitment to providing excellent, person-centered care for persons living with Alzheimer’s disease or other forms of dementia, our staff are participating in CARES® Dementia Training and will earn Alzheimer’s Association essentiALZ and essentiALZ Plus Certifications. We will be posting our progress toward employee participation goals in the main lobby.

Residential care staff often have limited opportunities to attend face-to-face dementia training. When all staff share a care philosophy and approach to persons living with dementia, continuity of care improves. The goal of the pilot program from the state Alzheimer’s Council is to determine the feasibility of online training to enhance training in and adoption of dementia care best practices in Maryland. Sagepoint Senior Living Services is the first skilled nursing community in Maryland to participate in this program.

Sagepoint has long committed itself to providing services delivered with clinical excellence, in a comfortable and caring environment, for all community members, including those living with dementia. Staff will complete 10 modules of education which cover Dementia Basics (Alzheimer’s and Dementia, Understanding Behavior, Communication, and Person-centered Care) and Advanced Dementia Care (Making a Connection, Eating Well, Recognizing Pain, Minimizing Falls, Rethinking Wandering, Minimizing and Eliminating Restraints).

“With the CARES online dementia training program, we seek to offer training with a focus on person-centered dementia care. We are looking at all employees to participate in this endeavor,” said Hope Dweik, RN, BSN, MA, Sagepoint’s Staff Educator. “As the first skilled nursing community in Maryland to participate in this pilot program, we are helping to pave the way for cutting-edge levels of dementia care for residents in long-term care, assisted living, and rehabilitation communities.”

About CARES® Dementia Training Programs
HealthCare Interactive is addressing the growing national crisis of memory loss, dementia, and Alzheimer’s disease by developing the most innovative set of training products for family members and professional caregivers available in the marketplace today. HCI’s CARES Dementia Basics and CARES Dementia Advanced Care online training programs qualify individuals for Alzheimer’s Association essentiALZ certification.

About Alzheimer’s Association essentiALZ® and essentiALZ® Plus Certification
Alzheimer’s Association essentiALZ and essentiALZ Plus certification programs recognize an individual’s knowledge of recommended dementia-care practices. Anyone who fulfills the prerequisite training requirements is eligible to take the essentiALZ certification exam and become certified.

You’re Not Just ‘Growing Old’ If This Happens To You

Elderly woman sadly looking out the window, a black-and-white ph



When Dr. Christopher Callahan examines older patients, he often hears a similar refrain.

“I’m tired, doctor. It’s hard to get up and about. I’ve been feeling kind of down, but I know I’m getting old and I just have to live with it.”

This fatalistic stance relies on widely-held but mistaken assumptions about what constitutes “normal aging.”

In fact, fatigue, weakness and depression, among several other common concerns, aren’t to-be-expected consequences of growing older, said Callahan, director of the Center for Aging Research at Indiana University’s School of Medicine.

Instead, they’re a signal that something is wrong and a medical evaluation is in order.

“People have a perception, promulgated by our culture, that aging equals decline,” said Dr. Jeanne Wei, a geriatrician who directs the Donald W. Reynolds Institute on Aging at the University of Arkansas for Medical Sciences.

“That’s just wrong,” Wei said. Many older adults remain in good health for a long time and “we’re lucky to live in an age when many remedies are available.”

Of course, peoples’ bodies do change as they get on in years. But this is a gradual process. If you suddenly find your thinking is cloudy and your memory unreliable, if you’re overcome by dizziness and your balance is out of whack, if you find yourself tossing and turning at night and running urgently to the bathroom, don’t chalk it up to normal aging.

Go see your physician. The earlier you identify and deal with these problems, the better. Here are four common concerns that should spark attention — only a partial list of issues that can arise:

 
Fatigue. You have no energy. You’re tired all the time.

Don’t underestimate the impact: Chronically weary older adults are at risk of losing their independence and becoming socially isolated.

Nearly one-third of adults age 51 and older experience fatigue, according to a 2010 study in the Journal of the American Geriatrics Society.  (Other estimates are lower.) There are plenty of potential culprits. Medications for blood pressure, sleep problems, pain and gastrointestinal reflux can induce fatigue, as can infections, conditions such as arthritis, an underactive thyroid, poor nutrition and alcohol use.

All can be addressed, doctors say. Perhaps most important is ensuring that older adults remain physically active and don’t become sedentary.

“If someone comes into my office walking at a snail’s pace and tells me ‘I’m old; I’m just slowing down,’ I’m like no, that isn’t right,” said Dr. Lee Ann Lindquist, a professor of geriatrics at Northwestern University’s Feinberg School of Medicine in Chicago.

“You need to start moving around more, get physical therapy or occupational therapy and push yourself to do just a little bit more every day.”

 
Appetite loss. You don’t feel like eating and you’ve been losing weight.

This puts you at risk of developing nutritional deficiencies and frailty and raises the prospect of an earlier-than-expected death. Between 15 and 30 percent of older adults are believed to have what’s known as the “anorexia of aging.”

Physical changes associated with aging — notably a reduced sense of vision, taste and smell, which make food attractive — can contribute. So can other conditions: decreased saliva production (a medication-induced problem that affects about one-third of older adults); constipation (affecting up to 40 percent of seniors); depression; social isolation (people don’t like to eat alone); dental problems; illnesses and infections; and medications (which can cause nausea or reduced taste and smell).

If you had a pretty good appetite before and that changed, pay attention, said Dr. Lucy Guerra, director of general internal medicine at the University of South Florida.

Treating dental problems and other conditions, adding spices to food, adjusting medications and sharing meals with others can all make a difference.

 
Depression. You’re sad, apathetic and irritable for weeks or months at a time.

Depression in later life has profound consequences, compounding the effects of chronic illnesses such as heart disease, leading to disability, affecting cognition and, in extreme cases, resulting in suicide.

A half century ago, it was believed “melancholia” was common in later life and that seniors naturally withdrew from the world as they understood their days were limited, Callahan explained. Now, it’s known this isn’t so. Researchers have shown that older adults tend to be happier than other age groups: only 15 percent have major depression or minor variants.

Late-life depression is typically associated with a serious illness such as diabetes, cancer, arthritis or stroke; deteriorating hearing or vision; and life changes such as retirement or the loss of a spouse. While grief is normal, sadness that doesn’t go away and that’s accompanied by apathy, withdrawal from social activities, disturbed sleep and self-neglect is not, Callahan said.

With treatments such as cognitive behavioral therapy and anti-depressants, 50 to 80 percent of seniors can expect to recover.

 
Weakness. You can’t rise easily from a chair, screw the top off a jar, or lift a can from the pantry shelf.

You may have sarcopenia — a notable loss of muscle mass and strength that affects about 10 percent of adults over the age of 60. If untreated, sarcopenia will affect your balance, mobility and stamina and raise the risk of falling, becoming frail and losing independence.

Age-related muscle atrophy, which begins when people reach their 40s and accelerates when they’re in their 70s, is part of the problem.  Muscle strength declines even more rapidly — slipping about 15 percent per decade, starting at around age 50.

The solution: exercise, including resistance and strength training exercises and good nutrition, including getting adequate amounts of protein. Other causes of weakness can include inflammation, hormonal changes, infections and problems with the nervous system.

Watch for sudden changes. “If you’re not as strong as you were yesterday, that’s not right,” Wei said. Also, watch for weakness only on one side, especially if it’s accompanied by speech or vision changes.

Taking steps to address weakness doesn’t mean you’ll have the same strength and endurance as when you were in your 20s or 30s. But it may mean doctors catch a serious or preventable problem early on and forestall further decline.

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When an Elderly Loved One Needs Extra Help



Family members of aging adults typically travel one of two paths to becoming a caregiver: the sudden sprint, or the gradual march.

The sudden sprint towards providing care for a loved one is often set off by an unexpected event—a stroke, a fall, complications from surgery—which acts as a catalyst, escalating your family member’s care needs practically overnight.

The gradual march in the direction of caregiving is less abrupt. You can’t say exactly when it began, but you’ve started noticing little changes in how your family member interacts with the world around them. Perhaps they’re getting lost while driving to the grocery store, maybe they’re having trouble keeping track of their medications, or balancing their checkbook—tasks they’ve performed countless times over the years, without any problems.

If an aging family member is consistently exhibiting these kinds of behaviors, they may soon be in need of extra care.

Here are 22 common signs your loved one may need extra help:
 

Physical

Fluctuating weight
Balance problems
Poor hygiene
Sleeping too much or too little
Unexplained burns and bruises (especially on the legs and arms)

Home Environment

Unkempt yard
Unusual carpet stains
Excessive clutter (several weeks’ worth of newspapers, piles of junk mail)
Unusual odors (urine, garbage)
Not enough food in the house
Failure to turn off stove, or water after use

Emotional

Mood swings
Abusive behavior (most likely verbal)
Lack of motivation
Uncharacteristically anti-social behavior

Cognitive

Confusion
Memory loss
Repetition
Hallucinations

Other

Dents and scratches on the car
Unfilled or untaken prescriptions
Unpaid bills

Whether these problems appear suddenly or slowly, they are all warning signs that indicate your loved one is having trouble attending to their own needs.

Being able to identify the presence of these red flags as soon as possible will enable you, your aging loved one, and the rest of your family to come up with a plan that ensures everyone’s needs get met.
 

Normal Aging, or Alzheimer’s Disease: What’s the Difference?

As a loved one ages, one of the questions that may come up for you and your family is how to tell the difference between the cognitive changes associated with “normal aging,” and those that could signal serious health conditions, such as dementia.

At this time, there’s no definitive way to distinguish between benign memory slips, Alzheimer’s, or other forms of dementia, but it may help to consider this as a general rule of thumb: occasionally misplacing the car keys is normal, while forgetting what to do with them is not.

Here are a few additional indicators that your loved one’s cognitive troubles may be caused by something more serious than the simple advance of age:

  • Bad judgment (poor financial decisions, public outbursts)
  • Movement issues (stiff movements, hunched posture)
  • Loss of inhibition (saying or doing socially inappropriate things)
  • Language problems (can’t form coherent sentences)
  • Hallucinations and delusions (seeing things that aren’t really there)
  • Trouble performing familiar tasks (can’t remember how to get to the doctor’s office)
  • Memory loss that interrupts daily life (regularly forgets recent conversations)

Ultimately, it’s up to you and your family to determine if, and when, a loved one’s cognitive issues warrant investigation by a medical professional.

 
Provided courtesy of AgingCare.com, the go-to destination for family caregivers. AgingCare.com offers resources and support for those taking care of elderly parents. This article is one of a series of articles included in the eBook, Family Caring for Family. Download your free copy at www.AgingCare.com/ebook.

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Order Your 2017 Memory Care Calendar

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Carefully designed art-making activities can be an antidote for declining confidence and self-esteem, especially for those suffering the tragic effects of dementia and other forms of irreversible cognitive impairment. With the help of Carol Dana, Creative Engagement Specialist with Arts for Well-Being, Sagepoint Senior Living Services was able to offer enticing activities designed to tap into the brain’s still-strong creative pathways of our memory care residents. The seniors’ beautiful artworks remind participants that they can, in fact, complete tasks successfully and that they can achieve results that exceed their expectations. Proceeds from the sale of these calendars will be used to support further art programs for Memory Care.


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A Crash Course on Medicare



Has your loved one recently celebrated their 65th birthday? If so, then they now qualify for Medicare. Keep reading for a crash course on a few facts that you need to know about this program.

Medicare Eligibility is not Based on Income

Unlike Medicaid which is made available to individuals whose income falls below a certain income level, eligibility for Medicare does not depend on income. Medicaid is a fully federally funded program, whereas Medicare is paid for partly by Social Security and Medicaid taxes, partly by the premiums that people with Medicare pay, and partly by the federal budget. If you are age 65 or older, under 65 and depend on Social Security Disability Insurance, or have End-Stage Renal Disease, then you are eligible for Medicare.

There Are Four Different Plans

Once you qualify for Medicare, you have a range of plans available to you, and each plan offers different benefits. Original Medicare is comprised of Parts A and B. Once you turn 65, you’ll automatically be enrolled into Part A, which is a free program as long as either you or your spouse paid the Medicare payroll tax for at least a decade. Part B covers doctor visits and outpatient services, and there is an income-based component in determining cost. Part C, also called Medicare Advantage, is a private insurance option that covers the benefits of Parts A and B. Part D is a prescription drug plan that offers coverage for prescription medications.

You May Need Supplemental Insurance…But You May Not

Medicare is a wonderful program, but it doesn’t cover everything. Depending on your loved one’s healthcare needs, they may find themselves overwhelmed with copayments and deductibles. This is where supplemental insurance, or Medigap, comes into play. Medigap policies are sold by private insurance companies and mainly cover Medicare deductibles. Medigap can only be used alongside Parts A and B, so if you’re enrolled in Part C, you’ll need to drop out before your Medigap coverage begins.

Many seniors find that any savings that they get with a Medigap plan are offset by the monthly premiums, which can be several hundred dollars. For that reason, most find that unless they’re making weekly trips to the doctor’s office for expensive tests and lab work, Medicare sufficiently covers their needs.

There Are Several Enrollment Periods

When you turn 65, the government will send out an eligibility notice. If you’re already getting Social Security benefits, you’ll automatically be enrolled; otherwise, you’ll need to send in your application by the due date. If you don’t sign up for Part B during that time, you’ll have an opportunity to during the enrollment period that runs from the first of the year through March 31. However, you’ll pay a 10% penalty for every 12-month period that you delay in signing up for Part B, unless you are still employed.

If you are employed, you’ll have an 8-month period after you retire to apply for Part B without penalty. If you should miss that enrollment period, then you’ll need to wait for the open enrollment period, which runs every year from October 15 through December 7. During this time, you can also enroll in Parts C and D.

Medicare is a wonderful program that ensures that seniors are able to receive quality healthcare after they retire. To learn more about the program and the options available, visit the Medicare website.

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