Dangerous wheels for seniors

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We are not talking about dangerous driving wheels here, although you often read items flagging the Dangerous Presence of Senior Drivers on the Roads.

Driving may be a sensitive topic for seniors because their age sometimes affects their ability to drive. They are more likely to receive traffic tickets compared to young drivers. The two main reasons for this may be due to slower reflexes and poor eyesight.

In some ways, the wheels we are talking about here are even more dangerous. We are not directly referring to those hypnotic and addictive rotating wheels you will see in video slot machines at casinos, although that is getting closer.

As the Globe and Mail suggested there are Wheels of fate that are not always kind to seniors.

Subsidizing commercial bus fares to bring patrons to casinos – particularly during the times of the day when casinos are at their slowest – is common across Canada, with hundreds of trips daily. The Quebec government pays some of the highest bus subsidies of any province – more than $3.2-million over the past two fiscal years to transport patrons to its casinos, according to figures obtained under the Freedom of Information Act. Casinos du Québec spokesman Patrice Lavoie said the province lays out an average of $7 for each person brought to its casinos by bus.

Although such bus tours were long thought to be benign – retirement homes routinely shuttle residents to casinos as part of their entertainment – researchers now question whether these trips potentially set seniors up for future gambling problems.

Barry Hall, a professor of social work at the University of Calgary, says casino bus tours represent a shrewd marketing strategy that caters to the egos of lonely seniors, particularly women. “I have observed the buses … and I have watched very handsome young men come out and squire the elderly ladies who are absolutely enthralled that they are being treated as royalty.”

It is not only free or subsidized transport that is encouraging big losers to keep coming back.

NDP health critic Frances Gelinas says casinos know who the VIPs are and those at risk of becoming addicted, since they also tend to be the big losers who keep going back to casinos. “There is no link between the casinos and treatment. Casinos offer these people VIP cars, pick them up in black limousines and offer other enticing gifts,” she says. “Casinos know there will be people who have addiction problems and the government should do a better job of preventing and identifying problem gamblers before their lives are ruined.”

Gamblers are enticed by the manipulation of the casino environment once you step foot inside, Research shows the casino’s music, the pumping in of extra oxygen contributes to keeping people in their seats longer. Casino employees take whole courses on public relations to make the patron feel more welcome.

For example, the OLG has subtle messages, ‘if you don’t play, you can’t win,’ and people buy into that dream world. Casinos target every group out there, including seniors, by providing free transportation from seniors’ homes, to giving vouchers for free buffets, hotel stays and shows.

Some seniors are beginning to speak out. The P.E.I. Senior Citizens’ Federation is upset by these casino incentives.

They affirm that the government-owned casino in Charlottetown shouldn’t be encouraging people to gamble. It is appalling that Charlottetown’s government-owned casino gave nearly $100,000 in complimentary merchandise to its high rollers during the past year.

The bottom line on all this is staggering and extremely distressing. In Canada, gambling is a $13.67-billion business nationwide. Problem gamblers account for one-third of all revenues, studies show.

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US Seniors Need Stimulus Too

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Early in February we were reading Why Seniors Need Their Own Stimulus Program.  It was suggested that the American Association of Retired Persons (AARP) should seek a deal with the government on behalf of the nation’s older citizens. AARP is a membership organization for people age 50 and over leading positive social change through information, advocacy and service.  The pitch was that things would be getting tougher for seniors, so there should be an infrastructure program for the reinvention of our communities to fit the needs of an aging population. 

No-one has picked up this clarion call as far as we can see.  Indeed the latest headline is asking Will the Stimulus Package Leave Vulnerable Seniors in the Cold?  Anyone visiting Recovery.gov will learn that its goal is to be the “centerpiece” of transparency and accountability in the implementation of the stimulus package. In a special section on “Where is Your Money Going?“, the website reports that $81 billion will be devoted to “Protecting the Vulnerable.”  Unfortunately clicking through to learn more about how the vulnerable will be protected, provides few details.

New information on the allocation of funds will be posted on Recovery.gov as it becomes available.  We trust that this vulnerable section of society that has few powerful lobbyists is not forgotten in the collective concern for recovery.

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Looking After Seniors

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Helping mom with retirement from Money CNN suggests that if a parent isn’t on the ball with their own retirement planning, it may be time for you to step in.

The issue of what adult children can and should do to help assure that their parents are financially prepared for retirement is one that’s getting more attention as life spans increase and we become increasingly reliant on our personal savings to fund our post-career lives.

Typically, this question comes from baby boomers who, already squeezed by simultaneously saving for retirement and paying school and other child-rearing costs, now face the prospect of also having to provide financial assistance to retired parents. A global study  by The Hartford found that more than a quarter of Americans 45 and older say they are currently caring for both children and parents or older relatives. Given how badly the retirement savings of many retirees have been hit by the market meltdown, that number has probably already increased or will over the next few years.

Statistics Canada has an article, Looking after seniors: Who does what for whom?  It discusses who provides care to our aging population, and how can we best support them? It examines caregivers aged 45 to 64 and those 65 and over, and the particular issues that affect each group.  In all probability it is an issue that we all may be faced with.

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Postponing Retirement

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Yet another headline proclaims what we all know so well.  Reuters reports that Older Americans postpone retirement as economy sags.

With the bleak economic news that is so widely reported, it is not surprising that people try to minimize their risks. 

A December survey by the senior’s advocacy group AARP showed 57 percent of Americans aged 45 or over who lost money in their investments over the past year and who are working or looking for work expect to delay retirement. One in four have already postponed plans to retire, the survey showed.

As the experts report people are losing their assets that they assumed would be there to fund their retirement. 

“This combination of forces creates a triple whammy for older people. The stock market is plunging, jobs are hard to find, and home values are sagging. This creates a really difficult environment in which to contemplate retiring,” said Richard Johnson, an expert in seniors and retirement at the Urban Institute, a Washington think-tank.

Assets in retirement accounts have lost $2.8 trillion, or 32 percent of their value, as of December 2, 2008, compared with September 30, 2007, according to the institute.

Since there is no sign of any early turnaround, one can assume that the proportion of people delaying their retirement will go even higher.  Thankfully more and more are fitter than seniors used to be so they are better able to make this choice.

Footnote: If you are interested in books on Retirement, then why not visit the Retirement section of the Money Bookstore.

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Give Back By Volunteering

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Seniors often have a good deal of sense and experience and sometimes spare time.  They may well respond in large numbers to Colin Powell’s encouragement to be a volunteer.

The former Secretary of State and Joint Chiefs chairman urged Americans on Friday to help out their country by volunteering, and pointed to a Web site set up by Barack Obama’s inaugural committee where they can find opportunities in their communities.

Powell said ordinary Americans could help Obama dig the country out of its economic rut by helping out in nearby schools or nursing homes.

“I think there’s a fervor for the new administration coming in, and I think the new president can tap into this fervor through this program,” Powell said at a news conference.

If you live in Canada and are keen on volunteering then there is a volunteer site with a good deal of useful information.  For the over fifties, there is a Volunteering & Healthy Aging website.

This on-line resource targets the Baby Boomer cohort with a goal of encouraging them to continue volunteering or to become a volunteer by offering their vast array of skills, experience and passion to a cause.  Volunteering can promote healthy lives and vibrant communities.

There are now 11 million baby boomers in Canada, who may be thinking about retirement, or are already retired.  They are often looking for new experiences and personal challenges and how to make a difference.  That’s where volunteering fits in.

There are many other resources and websites in North America that can suggest ideas.  For example the Give Back with Impact website covering North Dakota and western Minnesota suggests some first steps in contributing your Time, Talent and Treasure to others.

It is not just the seniors either.  The PBS Kids website,  It’s My Life, includes a good number of Topics on Volunteering.  As they say, you can Give and Get Back!

What we have is a new (Teen) Culture of Volunteerism

While some of today’s youth may be self absorbed and callous, there’s a big pocket of young Americans who are giving back – and giving back big.

Thanks to the Internet, wonderful teachers, and thoughtful parents the interest and participation in public service and volunteerism among teenagers has risen dramatically over the last decade. In fact, today’s teens are far more likely than their predecessors to find ways to give back and to shape the world they will inherit.

With the teens pitching in, the seniors can hardly sit back and not get involved.  Volunteers away!

Footnote:  If you are interested in books on Volunteering, then why not visit the Volunteering section of the Money Bookstore.

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