Caring For Older Adults Essay - 1874 Words

Caring for Older adults Corinda Goff HSC/548 March 19, 2016 Instructor - Cynthia Hovland-Scafe Sources of Income Social Security Fund- The US government, offers a statutory requirement that calls for its nationals to remit a certain percentage of their income. Eighty six percent of people age 65 or above receive these funds on a monthly basis. Some people, however, delay this payment to a later date (past 65) to claim a larger share as a monthly check and balance. About ninety-two percent of 80 and above years receive this check regularly with a median of about $15700. Social Security fund as a retirement income is the largest source in the US with a majority of retirees getting half their salary or more. Other retirees of about a third receive, at least, ninety percent of their security check as their income (Cornwell, 2010). Security assets income-This income comes from assets held by individuals with existing benefits plans and seniors bringing more pensions to these assets. These assets are held in treasury bonds, Insurance investment policies, checking accounts, Individual Retirement Accounts and certificates of deposits. About nineteen percent of retirees receive payments for dividend held on shares and other mutual Universal shares. Seniors also get income from investing their pension in real estate and get royalties given to them by their former employers, however, these returns are relatively small (Income of Aged Improved in 2001, 2003).Show MoreRelatedThe History and Career Outlooks of Geriatric Nursing Essay1138 Words   |  5 Pagesgeriatrics that focuses on caring for older adults. This career is highly recommended because older people are most likely to require health services. Most hospitals have patients at the age over 65, and only 1% of the nurses are certified in geriatrics. Geriatric nurses are educated to understand and treat physical and mental health needs of older adults. 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Why does the age groupRead MoreFamily Caregiver Support Programs For Families968 Words   |  4 PagesThe current program in place, Family Caregiver Support Program, has an overall goal to help a person of any age who serve as unpaid caregivers for persons sixty and older. This agency provides five basic services for family caregivers. First, they provide information to caregivers about available services and assistance to caregivers in gaining access to services. They also provide individual counseling, organization of support groups, caregiver training to assist the caregivers in making decisionsRead MoreThe Causes And Effects Of Low Self Esteem1336 Words   |  6 Pagesunderstanding regarding the process in achieving healthy ageing. Acknowledging that older adults’ self-esteem is part of their overall health is the first step. 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