Stephen Farber’s Post

https://lnkd.in/eky-aniV For a website that calls itself NewAgingPartnership.org, I thought it would be good to start googling the concept of new aging. I came across this study. I like the focus on re-imagining purposeful roles and having lifespans match our healthspans. I particularly like the conclusion that all systems need to adapt to the requirements of an aging population. We are lagging in the US..#68 in Healthy Longevity ranking. 😒 #newagingpartnership #caregivingconfidential #longevity #healthyaging

Happy International Day for Older Persons Day! Old isn't what it used to be. Today's older adults are perceived to be more active, open-minded, and curious than the previous generation. A revealing new poll has confirmed substantial shifts in Americans' perceptions of aging and longevity. #internationaldayforolderpersonsday #healthyaging #aging #seniorcare #seniorliving

There are 11,000 people turning 65 years old every day in the U.S., and the fastest-growing population is people over the age of 85. Increasingly, adults living into their 70s, 80s, 90s and beyond are looking for support to help them age in place — and they're turning to technology. This spotlight in Kiplinger by Elaine Silvestrini does an incredible job highlighting the innovative solutions that are supporting aging adults today, especially when it comes to care. And we're so thrilled to be one of them! "Spurred on by the need to connect during the pandemic, older adults are finding more uses for technology to live safely and socially, making it easier to remain in the home and for loved ones to ensure their well-being," Elaine writes. What an incredible ecosystem of companies and solutions that are helping support families, and helping people think differently about aging, longevity, and care. Check out the piece here: https://lnkd.in/ek6qFD3n #ageinplace #agingadults #eldercare #longevity

Here's a great article from the Institute for Healthcare Policy and Innovation National Poll On Healthy Aging University of Michigan sharing some interesting statistics on Trends in Loneliness Among Older Adults 2018-2023. -1 in 3 adults 50-80 (34%) reported feeling isolated from others. -More than 1 in 3 older adults (37%) reported feeling a lack of companionship. -1 in 3 older adults (33%) reported infrequent contact with people from outside their home. This #socialisolation & #loneliness is directly correlated to older adults mental and physical health... -77% reported fair or poor mental health vs. 29% reporting excellent, very good, or good -55% reported fair or poor physical health vs. 29% reporting better physical health COVID-19 Pandemic certainly caused these numbers to increase due to the social distancing mandates in place to curb the spread of the disease. But something as simple as a phone call, a facetime, a text message or even a hand written letter can help reduce these numbers. Just like #teachers face daunting student-to-staff ratios, our senior living communities and healthcare providers are in the same boat. Moving an elderly loved one into a senior community does not guarantee improved quality of life compared to aging in place at home. With not enough caregivers to fulfill the needs of our growing senior population, something needs to be done to address this issue... A Friend For Mom is designed to address this exact issue. Don't just find a place for mom to live, make sure they have a dedicated support network to champion them through the aging journey. Busy with your own career, growing family and honey-do list on the weekends? Let us help, A Friend For Mom...we've got time for YOU!! #seniorcare #aginggracefully #oldpeoplearecool

Growing up playing, coaching and loving the game of baseball, the idea of going 1-for-3 at the plate meant you were Hall of Fame material. 1-for-3 when it comes to seniors experiencing #socialisolation & #loneliness is creating an undue stress on our healthcare systems. Medicare alone reports an estimated $6.7 billion annually in additional spending due to this issue. Give it a google if you like, the overwhelming amount of data clearly shows the effects it has on physical and mental health outcomes, not to mention employee-turnover rates. We need a solution, we need creativity, we need innovation, we need A Friend For Mom. Check us out online ---> https://affm.us/ #seniorcare #aginggracefully #oldpeoplearecool

This recent New York Times article sheds light on America's aging population. With a growing number of individuals living longer lives and declining birth rates, this demographic transformation necessitates urgent attention from our leaders. Its repercussions are felt throughout society, causing labor and housing shortages and healthcare challenges. This shift is not only a national concern but also a personal one, impacting us all and reshaping our later years, especially if we find ourselves aging alone. It is imperative that we strengthen our caregiving system, seek innovative and meaningful support solutions, and collaborate toward crafting a brighter future for ourselves and our loved ones. #agingpopulation #LeadershipNeeded #agingalone https://lnkd.in/eQCVgFrg

Essential Support Systems for the Elderly: Aging Safely and Independently

America is on the precipice of a massive demographic shift. New research shows troubling new data underscoring the elder care challenges we will soon face. ➡️ 1 in 4 Americans will be 65+ by 2032 ➡️ Over 1.7 million seniors will need care in the next decade ➡️ Elder care costs have risen 11% in just the past year! 📈 ➡️ Only a small 14% of seniors over 75 can afford basic in-home care today In times where elder care costs are soaring, medical alert systems can help ease the financial strain on aging older adults and even delay or prevent much pricier long-term care options. Medical alert systems like those from Carenami offer 24/7 emergency response and monitoring right in the home - helping older adults age independently and safely for less. Carenami is committed to developing technologies that support dignified aging. During this massive shift, our main aim is to ease burdens on American families through widely accessible technologies 💜 Sources: 1) Harvard University’s Joint Center for Housing Studies, Housing America’s Older Adults, 2023. (https://buff.ly/3XQazKH) 2) U.S. Bureau of Labor Statistics, Consumer Price Index, 2024. (https://buff.ly/3tLI9zN) 3) Wells Fargo, Can't Grow Old Without Her, 2024 (https://buff.ly/3S1YuhQ) #Carenami #AgingInPlace #CarenamiCares #SeniorCare #ElderCare #AgeTech #Caregiving

The 7th edition of the 𝐀𝐠𝐞𝐓𝐞𝐜𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 𝐌𝐚𝐩 𝐢𝐬 𝐨𝐮𝐭! A huge thanks to Keren Etkin, TheGerontechnologist.com, for creating such a comprehensive Market Map, which includes nearly 300 companies. Here are some highlights: ▶ 𝐄𝐱𝐭𝐞𝐧𝐝𝐞𝐝 𝐇𝐞𝐚𝐥𝐭𝐡𝐲 𝐋𝐢𝐟𝐞𝐬𝐩𝐚𝐧𝐬: In 2024, people can expect to live to 80, 90, or even 100 years old and enjoy more healthy and active years post-retirement. This shift creates new opportunities for entrepreneurs to develop offerings that enable older adults to live their best lives after leaving the labor market. ▶ 𝐔𝐧𝐩𝐫𝐞𝐜𝐞𝐝𝐞𝐧𝐭𝐞𝐝 𝐃𝐞𝐦𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜 𝐒𝐡𝐢𝐟𝐭: Life expectancy is increasing while birth rates are declining, leading to a demographic shift. In some countries, people over the age of 65 will soon outnumber children under the age of 18. ▶ 𝐀𝐠𝐢𝐧𝐠 𝐢𝐧 𝐏𝐥𝐚𝐜𝐞: Most older adults prefer to age in place, meaning they want to live in their homes of choice for the rest of their lives. Aging in place is defined as “the ability to live in one’s own home and community safely, independently, and comfortably, regardless of age, income, or ability level.” This can become increasingly challenging as people age, especially with limited paid or family support. Technology can help overcome these challenges and supplement human caregiving. ▶ 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐎𝐥𝐝𝐞𝐫 𝐀𝐝𝐮𝐥𝐭𝐬: Older adults hold significant economic power. By 2030, those aged 50 and over are expected to contribute $65 trillion to the global GDP, accounting for 36% of the total. Read more here: https://lnkd.in/dm4Kd_t8

As Americans age and the senior population increases, residential alternatives, including aging in place, become more important than ever. PersonalRX hopes to play a part in making aging in place possible for many by providing exceptional pharmacy services and adherence solutions for patients with complicated medical situations. This opinion piece from the NYT highlights an important topic and opens the door for conversation on ways that we can improve the quality of life for seniors. #aginginplace #seniorhealth #seniorcare