Protecting Yourself In Your Golden Years
There’s nothing better than enjoying life and financial security after retirement, in your own home. Increasingly older adults face challenges of having children move back in, so it’s important to set some ground rules to define responsibilities and expectations.
The #1 Rule: put things in writing. Memories can fail or the intent be misunderstood. By writing things down, there’s an objective, clear record should a conflict arise.
Other topics to consider: length of stay, rental payments, grocery purchases, assisting with maintenance, allowing pets, entertaining friends or expecting unlimited babysitting.
Financial abuse of older adults is the most commonly reported type of abuse. 1 out of every 10 adults, will suffer some form of abuse and adult children are most often named as the abusers.
Being abused by someone you love and trust is difficult for anyone to manage. Knowing the facts and how you can protect yourself is key. To learn more: visit www.elderabuseontario.com.
June 15th is World Elder Abuse Awareness Day and to mark the day, the CN tower will be lit purple. Get involved!
EAO is a non-profit, charitable organization funded by the Ontario government to implement Ontario’s Strategy to Combat Elder Abuse.