Aging in Place - 3865 Words

Aging in Place Today the United States faces many challenges, challenges that mirror the changing world we live in as well as the changing dynamics of our country as a whole. There is more than a few issues on the horizon for America, and many of these issues can be tied directly to government expenditures. Not the least of which is our current position on social security spending; arguably becoming the largest Ponzi scheme the world has ever seen. However, it is the details that really accentuate the complexity and scale of this ever growing budgetary concern. In 2012 social security spending totaled 819.7 billion dollars. Making it the number two largest expense in the in our government spending structure, second only to defense by a†¦show more content†¦In addition to higher rates under the Act, the new taxes under the Patient Protection and Affordable Care Act (Obamacare) go into effect in 2013: a new 3.8 percent tax applies to net investment income of taxpayers with modified adjusted gross incomes over $250,000 (married filing jointly), and a new additional Medicare tax of 0 .9 percent is imposed on taxpayers with wages in excess of $250,000 (married filing jointly) . From an economics stand point taxes artificially impose new market equilibriums that are not favorable for growth in GDP. If we continue to modify the tax code to bridge the spending gap we will eventually lose our ability to compete in the free market trade system, defined as capitalism, which is what this country is founded on, and what has made us the leading economic world power we are today. In accounting terms if tax liability were termed â€Å"overhead† we will become top heavy and our model for success will become overburdened and uncompetitive in the global market. This ultimately leads to all of our jobs going overseas as is currently the trend in American business. This is something that must be carefully considered when looking to tax hikes to solve government spending problems. The nextShow MoreRelatedIs Aging in Place Priceless? Essay1675 Words   |  7 Pagesof the brick and mortar. Gillsjo, Schwartz-Bardot, Von Post (2011) suggested that â€Å"home was experienced as the place the older adult could not imagine living without, but also as the place one might be forced to leave† (p. 2). Notwithstanding an American Association of Retired Persons (AARP) survey (2010) which showed that the â€Å"majority of older adults polled preferred to age in place† (p. 1), the dilemma for many seniors is how to do so when faced with deteriorating housing conditions and â€Å"insufficientRead MoreAging During Place : Is It The Best Alternative For The Elderly2165 Words   |  9 Pages Option number 2. A Position Paper TOPIC: Aging in Place: Is it the best alternative for the elderly. Abstract As the older adult population in the United States continues its accelerated growth, there is a growing concern about the long-term care options for these elders. While nursing homes are no longer desirable and costly for federal and state governments, viable alternativesRead MoreThe Aging Population During The United State863 Words   |  4 PagesThe aging population in the United State is at risk for not only chronic health problems, but abuse including, physical, sexual, psychological/emotional, and/or financial. With the increase number of elders being seen by healthcare professionals it is important to know what suspicions to look for, to report accurately and appropriately. Financial Abuse Financial elder abuse â€Å"is the unauthorized or improper use of the elder’s resources for monetary or personal benefit, profit, or gain such as forgeryRead MoreElderly Population In America. Growth And Development Is1706 Words   |  7 PagesElderly Population in America Growth and development is an essential part of the life cycle, which leads to the occurrence of different phases like childhood, teenage and late adulthood. Aging is the period which is characterized by the onset of personal, cognitive and social changes. They feel hard to adjust the changes. Like rest of the world, the US also falls in the list of countries which have the highest population of elderly people. According to the Population Reference Bureau report, AmericansRead MoreLiving Policy And Literature : Aging939 Words   |  4 Pages Question 1 Aging in place is a concept that is frequently referred to in assisted living policy and literature. Aging in place is define as â€Å"enabling older adults to remain in their current or preferred environment, with necessary adaptations and support services, to the end of their lives (Singh, 2016). Facilities accommodating residents under this concept are: Continuing Care Retirement Communities (CCRCs) mostly owned andRead MoreLong Term Care Delivery System For Older Adults910 Words   |  4 Pagesin place is long term care delivery system for older community adults designed to keep them in the environment of their choice as long as possible. This care system includes physicians, nurses and other professionals’ to support older adults’ medical functioning, functional wellbeing and social support to maintain them in their homes (Popejoy, Galambos, Stetzer, Popescu, Hicks, Khalilia, Rantz Marek, 2015). Aging in place have two folds of benefits: from the perspe ctive of older adults and theRead MoreCultural Competence And The Elderly2589 Words   |  11 Pagesculturally competent treatment, including awareness of and sensitivity to aging; a universal process influenced by health, demographics, experience, and cultural beliefs. An important framework for those working with older adults is the lifespan developmental perspective; this perspective basically outlines that social resilience and psychological issues are developed over the course of a lifetime, not instantly just because of aging. Professionals working with older adults should utilize the strengthsRead MoreWelcome To The First Look At Intergenerosity. Our Mission1314 Words   |  6 Pagesto help young families with childcare and tutoring.   Ã‚  They may even be interested in teaching classes that are no longer required in schools.   InterGENerosity offers diversity in the employment it provides to create the best fit and promote active aging.   Not all older adults desire to run around after children or have the physical capabilities to do so but, they are still interested in sharing their knowledge.   Tutoring or teaching skills such as cooking, crafts, or financing are ways older adultsRead MoreHome Or An Assisted Living Program795 Words   |  4 Pagespeople, the idea of living in a retirement home or an assisted living program is an affront to their dignity and independence. The majority of the aging population would prefer to stay in their own homes, and live out their days surrounded by their own belongings in a comfortable environment. For many seniors, staying in their own home, or â€Å"aging in place† is more possible now than ever. With a little pre-planning, more people can live independently even when some assistance is needed. Physical ModificationsRead MoreEssay On Getting Old793 Words   |  4 Pagesimportant financial decisions about updating their homes. This week our Renewal by Andersen team has decided to talk about a very serious topic – aging. By 2030, experts project there will be roughly 71 million US citizens 65 years or older. Thats almost twice as many in this demographic as there were in 2006 (37 million). With many seniors choosing to age in place (stay in their own homes) for as long as possible, it is critical to plan early. Getting older doesnt mean we have to settle into a rocking