Americans are getting older. It’s a great thing. The CDC estimates that the number of Americans who will live to be over 100 years old has grown 44 percent from 2000 to 2014. With the baby boomers aging into their senior years, this means that there will be an unprecedented boom in the senior population of the country.
While it’s wonderful that our population is living longer, there are some unexpected issues that come with aging. One of the biggest concerns facing seniors is how to plan for caregiving if they are Elder Orphans. Defined as a senior who either has no family that can help with their caregiving, or no one able to aid them, Elder Orphans are a growing segment of the senior population. This year, the number of Elder Orphans in the senior community has grown to nearly a quarter.
If you find yourself to be an Elder Orphan, there’s no need to panic, just plan.
The biggest concern for those who do not have family or friends to care for them is finances. Elder Orphans should work with a financial advisor to cultivate savings that will help them in case of medical emergencies. It is also essential that any living space is senior-friendly. If you’re planning on aging-in-place, that may mean renovations to your home including chair lifts and better lighting. It could also mean investigating local senior living communities to determine if that is a more budget friendly option.
Another issue facing Elder Orphans is isolation. Those without family to check on them can sometimes feel that they’ve grown isolated. This can lead to feelings of depression and also declining mental faculties. It is imperative that seniors keep and maintain social connections. This is especially important for Elder Orphans who don’t have family to rely upon for interaction. Be sure to cultivate a strong friend group and meet with each other at least once a week for a fun activity.
Though being an Elder Orphan requires a bit of extra planning, there’s no reason it can’t lead to a fulfilling life. If you’re aging and alone, plan ahead for a successful life as a single senior.