Monthly Archives: September 2015

3 Financial Planning Mistakes for Seniors to Watch Out For

It can be difficult and frustrating to deal with money.  When it comes to planning for retirement, it seems that there are as many financial options available as there are grains of sand on your favorite beach.  Wading through it all can be daunting, even with a trusted financial expert at your side.  Here are three of the more common retirement planning mistakes to avoid:

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Too much reliance on Social Security:

According to the Social Security Administration (SSA), the average benefit for retired workers is approximately $1,230/month.  This benefit provides you with a good source of supplemental income if your home is paid for and you have set up a nice retirement fund.

However, the SSA also indicates that 52% of married seniors and 74% of unmarried seniors receive more than 50% of their income from social security.  If possible, try to avoid being exclusively dependent on Social Security as your only source of retirement income.

Having an Outdated Estate Plan:

Approximately 55% of American adults do not have a will or other estate plan in place, according to LexisNexis.  Many of those who have a will think that they can simply forget about it once it is complete.  Not true – in fact, not keeping your will up to date can result in a number of unexpected bad consequences.  If one of your original beneficiaries dies, for example, and your will does not reflect the change, you could pass large fees on to your family or see your estate go to the wrong people.

It is best to review your will annually with an estate planner to keep it up to date.

Falling Victim to Scammers:

Seniors have long been a favorite target of swindlers and scammers.  They lose about $2.6 billion to these criminals every year – and falling victim to one of them is the fastest way for someone to lose everything they have ever worked for in a matter of minutes.  Seniors and their families need to educate themselves on the tactics used by scammers – and always live by the motto, “If it sounds too good to be true, it probably is.”

If you have any questions about financial planning for your retirement, or for the retirement of a loved one, Primrose can help connect you with someone who can help.  We would be honored to help you.  Visit www.primroseretirement.com for more info.

The Differences between Medicare and Medicaid

Many seniors, and their loved ones, share confusion over the differences between Medicare and Medicaid.  As retirement approaches, it becomes more and more important to understand your healthcare options, so that any costs associated can be included in your overall retirement planning.  Here is an explanation of each:

_K0C6860Medicare:

Medicare is a federal health insurance program.  All of us and our employers pay a percentage of our earnings into FICA – the Federal Insurance Contributions Act – which goes towards funding Medicare.  It provides medical services to people over the age of 65, certain younger people with disabilities and people with End-Stage Renal Disease, regardless of their income, but it is not free.  Patients pay deductibles for hospital stays and monthly premiums for the health care services they wish to receive.

Medicare is available in parts, some of which require the recipient to pay additional premiums.  Part A covers hospital bills, Part B covers medical insurance, part C is the part of Medicare that allows private health insurance companies to provide Medicare benefits and Part D covers prescriptions.

Medicaid:

Medicaid is also a federal program, but it provides financial healthcare assistance for those with lower incomes, regardless of age.  It is based on need, funded through federal, state and local tax funds, and not available to everyone over the age of 65 like Medicare is.  Depending on the state you live in, Medicaid may pay all of your covered medical expenses or it may require a co-pay.  To find out the regulations in your state, and whether or not you qualify, contact your state Medicaid office.

Even though the service is limited to those with lower incomes, Medicaid covers a wide spectrum of services.  In addition to people over the age of 65, it can also cover people with disabilities, pregnant women, children, and the parents of eligible children.

Some people may have both Medicare and Medicaid because Medicaid may help to cover some services that Medicare cannot, like long-term care.  For additional information visit CMS.org, or to learn more about Primrose and how we can assist you with this and other retirement planning details, visit us at www.primroseretirement.com.

Lancaster Primrose Residents Experience Memorable Zoo Trip

Zoo trip

Lancaster residents enjoying their trip to the Columbus Zoo

Lancaster, OH, Retirement Communities

Recently, Lancaster residents made a trip to the Columbus Zoo. Upon arrival, the Zoo employees were very helpful and accommodating to our group. As we gathered, some of the residents were talking about how it had been years since they had been there. For some, this was their first trip to a zoo! They were excited to be there.

After getting thru the gates, we all decided to eat our lunch so we would not have to stop halfway thru the zoo to eat. As we were walking, some of the residents were making comments that they could not believe how many people were attending that day. Our first stop was to see the pink flamingos, and the group was amazed at how beautiful they were and that they were standing on one leg. We then visited the monkeys and gorillas. We watched the baby go from eating to playing then climbing all over its mommy. I think the group could have sat there all day and watched how they interacted with each other!

Before we knew it, it was time to head back home to Lancaster. Time flies when you are having fun! The following day all of the residents were talking about their day at the zoo and how much fun they had. It was truly a memorable day for all who were involved!

To find out more about the retirement living experience at Primrose, please contact your nearest Primrose Retirement Community today to see more of our fun and social living. We’ll happily answer all your questions and show you around our beautiful communities. Come see why we say, THIS IS LIVING!

THIS IS LIVING

Mankato Primrose Experiences 'Life Lessons from the Garden'

Residents enjoy listening to Sharon teach her 'Life Lessons from the Garden'

Residents enjoy listening to Sharon teach her “Life Lessons from the Garden”

Mankato resident Lorraine Currie shows off her beautiful bouquet.

Mankato resident Lorraine Currie shows off her beautiful bouquet.

Mankato, MN, Retirement Communities

Residents of the Mankato Primrose community have many activities that they enjoy, but one of the favorites every year is when Sharon visits with her “Life Lessons from the Garden”.

Sharon spends her summer nurturing her gardens so that our residents will have the opportunity to experience her flowers. Sharon talks about what the garden can teach us before she gives the residents a chance to create their own bouquet. Lessons such as watering your flowers helps them grow, pulling a weed when it is small is easier then pulling a weed that is overgrown, and that each flower is different yet beautiful in its own way.

These lessons help remind our residents of the simple joy that flowers can bring to so many. When Sharon leaves us after her presentation, the residents are left with a beautiful flower arrangement to brighten their rooms.

Our residents are grateful for the wonderful people who come into our building to share their day with us, and they are thankful for the lessons that Sharon provides every year.

To find out more about the retirement living experience at Primrose, please contact your nearest Primrose Retirement Community today to see more of our fun and social living. We’ll happily answer all your questions and show you around our beautiful communities. Come see why we say, THIS IS LIVING!

THIS IS LIVING

Sioux Falls Primrose Celebrates National Senior Citizen Day

National Senior Citizen Day

A Primrose couple shares a photo booth moment together

Sioux Falls, SD, Retirement Communities

Primrose Retirement Community of Sioux Falls celebrated National Senior Citizen Day on Friday, August 21st, with a photo booth. Do you remember the days when you would get in a photo booth at Woolworths with your friends and for 25 cents you would get three pictures? Well here at Primrose we re-created that scene by setting up our ice cream parlor as a photo booth with a couple of backgrounds for portraits. Props and costume pieces were used for the pictures. We had many residents and staff members come and some even brought their own props. It was great to see so many people together having such a good time. We displayed the photos in our front lobby, and each resident received a copy of their own picture. What a great way to show our respect for senior citizens and have some fun at the same time!

To find out more about the retirement living experience at Primrose, please contact your nearest Primrose Retirement Community today to see more of our fun and social living. We’ll happily answer all your questions and show you around our beautiful communities. Come see why we say, THIS IS LIVING!

THIS IS LIVING

Lima Primrose Residents 'Letting Out' Inner Artist

residents participating in coloring

Lima residents enjoying expressing their inner-artist

Lima, OH, Retirement Communities

Lima Primrose residents are exploring the positive benefits of coloring as adults by letting out their inner artist. As Pablo Picasso once said, “Every child is an artist. The problem is how to remain an artist once we grow up.”

Coloring is a form of relaxation which is comparable to those who like to cook or do gardening. It also increases our morale, because we take pride and accomplishment in the development of the picture. Cognition is also improved because of the decision making in picking the picture and the colors. Also the attention span is strengthened as you focus on the picture.

With coloring you are not setting out to become an artist, but to experience the positive benefits of creative expression. Primrose of Lima began this new program August 5th, prior to lunch, and will do it again on August 27th. We are going to explore landscapes and other scenery pictures. Residents may work on pictures at their own pace. The residents were surprised to know that there are staff members that are “closet” color-lovers also!

To find out more about the retirement living experience at Primrose, please contact your nearest Primrose Retirement Community today to see more of our fun and social living. We’ll happily answer all your questions and show you around our beautiful communities. Come see why we say, THIS IS LIVING!

THIS IS LIVING

The Silver Queen of Pueblo Primrose

Silver Queen Emily Sutton and her daughter, Sandy

Silver Queen Emily Sutton and her daughter, Sandy

Pueblo, CO, Retirement Communities

Primrose Retirement Community of Pueblo selected Emily Sutton to represent us at the annual Silver Queen Pageant on Friday July 31st. The event was hosted by Sangre de Cristo Hospice and took place at the Pueblo State Fair Grounds. Emily went up against 15 other lovely ladies who displayed their talent and were interviewed by charming emcee David Ritterling. The entire day was magical.

Emily sported a stylish new outfit that Executive Director Glinda MacKenzie helped her select on a shopping expedition the previous week. Sales Director Kelsey Gibson and Administrative Assistant Kendall Babler decorated her walker with matching flowers and ribbons. Son Peter and daughter-in-law Melanie surprised her by arriving at Primrose early that morning. For the entire day, Emily was surrounded by the Management Team led by ED Glinda, her chosen daughter Sandy, and 2 close Primrose resident friends, Father Tom Adrians and Kathy Snidar. Before the entourage boarded the Primrose Bus, driven by Maintenance Director Mike DeCarlo, Director of Nursing Cathy Karpilo and Life Enrichment Director Barbara Della Rossa asked Father Tom to say a prayer. Once at the venue Emily had makeup applied by Mary Kay volunteers, a corsage pinned on and was presented with a bag of goodies. After a few light appetizers and live music, the ceremony began and she was escorted to the front of the auditorium by none other than handsome CSU Football star Brian Jones.

The magic really began when she captivated the entire auditorium with her puppet dog “Nebbie” and in telling the “True Story of the 3 Little Pigs.” Despite the fire alarm going off (a clerk was testing it that day) in the middle of her story, she forged on, received a standing ovation from many, and a thunderous applause from all. Whether she is crowned “The Silver Queen of Pueblo” on September 3rd on Senior Day at the Pueblo State Fair or not, she is our Silver Queen at Primrose of Pueblo, where this is living.

To find out more about the retirement living experience at Primrose, please contact your nearest Primrose Retirement Community today to see more of our fun and social living. We’ll happily answer all your questions and show you around our beautiful communities. Come see why we say, THIS IS LIVING!

THIS IS LIVING

Mansfield Primrose Hosts Hawaiian Luau

The Mansfield Primrose team got on our flowered shirts and brightly colored leis and celebrated our 8th anniversary pig roast celebration this year. We went with a Hawaiian Luau theme and it was a big hit! We had Polynesian entertainment with dancers and flame twirlers juggling and throwing flamed sticks into the air, and to top it off they also did some fire breathing!

There was a lot of audience participation, laughter, drum playing and fun. We also raised $900.00 to go toward the Carla Dysert foundation. Thankfully, the weather was beautiful and just a wonderful time was had by all who were in attendance. One resident replied that “This is the best entertainment so far for the pig roast, I don’t know how you will top that next year.” We are already putting our heads together so we can plan for next year’s theme!

Summer Revealed (Finally) at Findlay Primrose

Telling stories on the front porch

Telling stories on the front porch

Staying hydrated with delicious orange-infused water

Staying hydrated with delicious orange-infused water

Findlay, OH, Retirement Communities

After an unseasonably cool June, and two solid weeks of rain in July, the residents at the Findlay Primrose can finally enjoy their summer! On a recent and perfect Saturday afternoon, Mary Kathryn tells a captive audience about an unpleasant experience from her childhood, (to be specific, sardines!) while Helen, Lois and John listen intently and unanimously agree!

We recently placed a “hydration station” in one of the common areas, along with an informative sign which lists facts regarding the importance of remaining hydrated, especially during the summer months. Each day the kitchen staff fills it with ice water, along with various sliced fruits or vegetables. Here, Connie anticipates a glass of orange flavored water in front of Karen’s office. We have also used Kiwi; strawberries; cucumbers; lemons; watermelon; mint leaves; grapes, and are always open to suggestion from the residents.

Findlay Primrose staff and residents both are cheering on this beautiful weather, and are hoping for more sunny summer days ahead!

To find out more about the retirement living experience at Primrose, please contact your nearest Primrose Retirement Community today to see more of our fun and social living. We’ll happily answer all your questions and show you around our beautiful communities. Come see why we say, THIS IS LIVING!

THIS IS LIVING