Wednesday, June 19, 2013

Getting Ready



17 June 2013

GETTING READY

Americans, young in spirit, hate to talk about growing old, let alone plan for how they are going to manage the inevitable. They are just beginning to hear about virtual retirement communities designed for managing the practicalities and the sociability of later stages of life. And people between 50 and 65 are just beginning to realize that people need to participate in such organizations as an essential part of preparing for retirement. They need to add their strength to the virtual retirement communities – now -- to make sure that the wide-ranging services of these “Villages” are available at the unpredictable moments when needs arise.

Sure, Americans spend decades preparing -- saving for retirement and buying health, disability, and long-term care insurance. But the prospect of declining physical capacity, of depending on others, of being brushed aside, shuts the thinking down just when it should keep going. We tend to have the same reaction as the balky three-year-old who doesn’t want to hold Mother’s hand crossing the street. We tend to ignore the fact that a 65-year-old American today is likely to live another 20 years.

Everybody on the threshold of retirement needs to reflect that autonomy, the self-reliance that enables a person to continue aspiring into old age, is a matter of anticipation, of foresight exercised every day – in advance of need. Living safely and confidently in the home you love, and getting out of that home for enjoyment and stimulation, both depend on organization. Serenity is based on order, for young and old alike. And order takes management, not only attending to your own to-do list but also reaching out for help from people you know and trust. As you always did, you have to plan, and you have to delegate. Virtual retirement communities are an important tool for this.

In a world where elderly people form a fast-growing proportion of humanity, self-help associations of neighbors are not just a private matter. Only so much of humanity’s money can go to people who depend in part on contributions from people who are still salaried. Older people have to seek as much efficiency as they can, not just to stretch their incomes but also to fulfill their aspirations to help younger people and the society generally. And the key to efficiency is organization, banding together with others in the same position, with the same hopes and needs – in advance of need.

An overwhelming portion of Americans over 65 want to live out their days at home, not in nursing homes, assisted living, or life care facilities. And only a minority of America’s elders are poor enough to qualify for municipal senior services. In the last decade, as people have faced the extent of the management challenge, virtual retirement communities like Cambridge at Home have begun springing up to meet huge needs. Nearly 100 are already operating and hundreds more are forming. These communities have proven that they can perform a growing range of tasks, connecting their members to tested, trusted suppliers of practical services as well as enjoyment. They now need a decisive accession of strength from people preparing for retirement.

Victor K. McElheny
President, Cambridge at Home