Aging in Place Toolkit: My Finances | The Ismaili Canada

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Aging in Place Toolkit: My Finances

July 4, 2021 | Canada

As we age and move through the stages of our lives, we may face changes in our health, finances, housing, and community connections. As you plan for your future, you may want to “Age in Place” in your own home and community. Aging in place means having the health and social supports / services you need to live safely and independently in your home or your community for as long as you wish and are able.

The Aga Khan Council for Canada, in partnership with United Way of the Lower Mainland, has launched the Aging in Place Toolkit. This toolkit is designed to guide you through a self-assessment, reflection, and planning exercise, with resources that can support you to plan for a future aligned with your needs, values, and wishes. It consists of nine main sections, and we will continue to highlight each section of the tool over the coming weeks.

This week’s featured section: My Finances  

Consider your current financial situation and how much you may need as you plan to age in place. Consider planning for both anticipated and unanticipated expenses, and seeking advice from a financial planner. You may also want to reflect on who would make decisions on your behalf in the event that you are unable to make decisions for yourself.

We encourage you to complete this tool, reflect, explore resources, create a plan, and discuss this plan with your family and social support networks.

Visit the Aging in Place Plan site to complete the toolkit. Plan today for the life you want to live tomorrow.

For more information please visit the Aging in Place page.

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