Palouse
Seniors
November 2018
Inside: How you can beneďƒžt from having a pet Palouse Seniors is an advertising supplement of the Lewiston Tribune and Moscow-Pullman Daily News
2 | November 17, 2018 | Moscow-Pullman Daily News & Lewiston Tribune
Estate planning and charitable giving C Courtesy of Metro Editorial
haritable giving comes in many forms. Some people donate annually to their favorite charities, while others may volunteer their time or professional services. One way many people choose to give to charity is to donate at the time of their death. Including charitable giving into an estate plan is wonderful way to support a favorite cause. When researching this approach, it can be easy to become overwhelmed by references to tax codes, attorney fees and other items that can make including charitable gifts in one’s estate plan seem more complex than it needs
to be. Schwab Charitable, an independent nonprofit organization, notes that there are various ways to incorporate charitable giving into an estate plan, and that doing so is
ENJOY PALOUSE SENIORS
Palouse
Seniors
November 2018
Inside: How you can benet from having a pet Palouse Seniors is an advertising supplement of the Lewiston Tribune and Moscow-Pullman Daily News
IN PRINT: Palouse Seniors is published every other month, with 6,500 copies distributed in the Moscow-Pullman Daily News and Lewiston Tribune. Readers can also pick up a copy at the MoscowPullman Daily News and Lewiston Tribune offices. ONLINE: Check out the latest edition in digital format online at www.DNews.com, just click on the Special Sections tab. To advertise your business or service, contact Sally Imel at simel@lmtribune.com
something almost anyone can do. • Dictate giving in your will. When reading about charitable giving and estate planning, many people might begin to feel intimidated by estate taxes, feeling their heirs won’t get as much of their money as they hoped. But Schwab Charitable notes that including a charitable contribution in your estate plan will reduce your estate tax liabilities, which will help to maximize the final value of your estate for your heirs. Speak with your estate attorney and ensure your donation is spelled out in your will. • Donate your retirement account. Another way to utilize an estate plan to donate
PALOUSE SENIORS to charity is to designate the charity of your choice as the beneficiary on your retirement account. Schwab Charitable notes that charities are exempt from both income and estate taxes, so choosing this option guarantees the charity will receive 100 percent of the account’s value once it has been liquidated. • Explore a charitable trust. Charitable trusts provide another way to give back through estate planning. For example, a split-interest trust allows men and women to donate their assets to a charity but retain some of the benefits of holding those assets. A splitinterest trust funds a trust in the charity’s name, and people who open one receive a tax deduction any time money is transferred into the trust. But the donors still control the assets in the trust, which is passed onto the charity at the time of their deaths. You have various options at your disposal in regard to charitable trusts, so speak to a financial advisor to help you pick the best one for you. Charitable giving is a part of many people’s estate plan. Explore your options and choose the one that’s most beneficial to you, your heirs and the charities you want to support.
PALOUSE SENIORS
Moscow-Pullman Daily News & Lewiston Tribune | November 17, 2018 | 3
Pros and cons to early retirement
A
Courtesy of Metro Editorial
lifetime of working compels many people to look forward to their retirement. Some people even work to retire early. But what are the advantages of early retirement beyond starting a life of leisure? And are there any detriments to this plan? A 2014 survey by the financial services provider TIAA-CREF found that 37 percent of Americans plan to retire before age 65. However, many of them will not have control over the matter. Those who do may want to consider the pros and cons of early retirement. ADVANTAGES Many people seek early retirement so that they can live a life free of the constraints of schedules. In retirement, time becomes, more or less, a retiree’s own. Leaving a job can be a boon to a person’s health as well. Relieving oneself of the pressures and stresses of professional life can free up the mind and body. Stress can affect mental and physical health, taxing the heart and contributing to conditions such as depression or anxiety. According to the Mayo Clinic, stress can cause headache, muscle and chest pain and
contribute to trouble sleeping. The earlier the retirement, the more opportunity to travel before health issues begin to limit mobility. Early retirement also can be a way to volunteer more or even start a new job opportunity - one where workers have greater control over their schedules and careers. DISADVANTAGES One of the disadvantages subsidized healthcare, such as of early retirement is a loss Medicare in the United States, of income. Contributions to at age 65. retirement accounts also ceases at retirement. This can lead to financial setbacks if adequate savings were not allocated for retirement. According to the resource Wealth How, some people who retire early fear outliving their savings. While retiring early may be good for health, it also can have negative consequences. An analysis from the National Bureau of Economic Research found that retirement can lead to declines in mental health and mobility as well as feelings of isolation. Retiring early may jump start these health implications. Another consideration is that health insurance provided by an employer typically ends at retirement. That means having to pay out of pocket until a person ages into government-
Retiring early is a complex issue that requires weighing the pros and cons.
What You Need to Know About Prearranging Why Should I Prearrange Services?
It’s the right thing to do for you and your family. Here are five important reasons to plan your funeral now: 1.
You’ll protect your family from unnecessary pain & expense.
Shorts Funeral Chapel 535666 2.
You’ll say goodbye in a way that uniquely reflects your personal style — not someone else’s.
3.
You’ll lessen the financial burden. Our easy payment plans make it easy for you to comfortably pay for your funeral over time, at today’s prices, so your family won’t have to find the money later.
4.
You’ll minimize disputes between your well-meaning relatives.
5.
You’ll show your love in a way your family will never forget.
1225 E. 6th Street • Moscow, ID (208) 882-4534 www.shortsfuneralchapel.com
4 | November 17, 2018 | Moscow-Pullman Daily News & Lewiston Tribune
Everyday ways to help your elderly neighbors
T
Courtesy of Metro Editorial
houghtful men, women and children can give back to their communities in various ways. Coaching youth sports, volunteering with local charities and donating to local food or clothing drives are just a few of the ways you can help make your community a better place. Another way to give back is to help your elderly neighbors who may not be as independent as they once were. Such men and women may have physical limitations that compromise their ability to perform everyday tasks. People in the prime of their life take their ability to perform such tasks for granted. And while these gestures might seem simple, helping your elderly neighbors with their everyday tasks can have a profound impact on their lives. • Ask if a neighbor needs
anything from the grocery store. Everyone forgets to buy something at the grocery store from time to time. That’s a minor inconvenience to most people, but it can have a much bigger impact on elderly people
Vassar-Rawls Funeral Home & Crematory
Dennis Hastings
• Prepayment guarantees the cost of services and merchandise at today’s price. • Ensures your wishes are met • Pre-plan in your home, our office, by phone or online
Vassar Rawls 543736
Exceptional Service • Fully licensed staff • Competitive prices 920 21st Ave. Lewiston • 208-743-6541 • vassar-rawls.com
PALOUSE SENIORS
live alone over for dinners, movie nights or game watches once per week is a great way to help them avoid social isolation and give them something to look forward to. • Help with some weekly chores. Seniors living on fixed incomes may find it difficult to maintain their homes. Relatively simple tasks like mowing the lawn, taking out the garbage and even vacuuming can be difficult for seniors with physical limitations. Pitching in to help with such chores once or twice a week won’t require much time on your part and can have a significant impact on the lives of your aging neighbors. • Drive seniors to religious services. Attending religious services is important to many seniors, but those who can no longer drive themselves to weekly services may not be attending them as much as they would like. Whether you attend such services or who have mobility issues. Before not, offer to drive an elderly taking trips to the grocery store, neighbor on Sunday mornings make it a habit to call an elderly (or whenever weekly services are neighbor and ask if he or she held). Religious services can help needs anything. seniors stay connected to their • Invite seniors over for faith and their communities, dinner or other gatherings. and driving an elderly neighbor Many seniors deal with social to and from houses of worship isolation, which occurs when once per week won’t require a they lack opportunities to significant commitment of your interact with other people. time. Recent data from the Helping your elderly neighbors Administration on Aging is a great and often simple way indicates that 35 percent of to give back to your community. women over the age of 65 were widows and almost half of women 75 and older live alone. Inviting elderly neighbors who
PALOUSE SENIORS
Moscow-Pullman Daily News & Lewiston Tribune | November 17, 2018 | 5
How you can benet from having a pet
tasks. • Pets help lower allergy risks. Keeping pets around can reduce a child’s likelihood of developing allergies by as much as 33 Courtesy of Metro Editorial seniors. Older adults who may be percent, according to a study by isolated can benefit from having a pediatrician James E. Gern that ets have been kept for pet around. According to a study was published in the Journal of centuries. Statistics from Allergy and Clinical Immunology. published in Aging & Mental various sources indicate People exposed early on to North Americans own millions of Health, older adults who owned animals tend to develop stronger dogs, cats, birds, small mammals, pets were 36 percent less likely to immune systems overall. say they were lonely compared to and reptiles. those who didn’t have an animal • Pets provide socialization Pets’ affable nature and loving companion. opportunities. A pet can be the looks are enough for many common denominator to strike up • Pets can save lives. Pets can people to welcome them into new friendships and connect with be trained to perform various their homes, but the benefits of others. Whether walking around having a pet extends beyond their tasks around the house and in the the neighborhood or being part community. Rescue animals assist appearances and temperaments. of a pet obedience class or interest in finding people after natural • Pets can help prevent group, pets can help their owners disasters. Medical alert pets can loneliness. Loneliness affects expand their social circles. help people with debilitating people of all ages, but it is illnesses and assist physically • Pets can help combat stress. particularly problematic among impaired people with everyday Talking to or stroking a pet can
P
Tri-State Hospital 544311
make stress easier to handle. A study from researchers at the State University of New York at Buffalo found that, when conducting a stressful task, people experienced less stress when their pets were with them. Various other studies and data from the Centers for Disease Control and Prevention have found having a pet around can lower blood pressure, ease anxiety and may even help to lessen aches and pains. Pets provide unconditional love, which can be beneficial to someone facing depression or post traumatic stress disorder. Pets are more than mere companions. In fact, pets can offer numerous health and wellbeing benefits to people of all ages.
6 | November 17, 2018 | Moscow-Pullman Daily News & Lewiston Tribune
PALOUSE SENIORS
4 simple ways to save more for retirement
I
Courtesy of Metro Editorial
t’s never too early to begin saving for retirement. While millions of people have no doubt heard or read those very words before, surveys indicate that few people are taking that lesson to heart. A 2018 survey from Bankrate. com found that 20 percent of Americans don’t save any of their annual income. Things aren’t necessarily rosier in
RETIREMENT SAVINGS. According to the WorldatWork 2018-2019 Salary Budget Survey: Top Level Results, salary budgets in the United States are projected to rise by an average of 3.2 percent in 2019, while those in Canada, where the financial Canada are expected to institution CIBC reports that 32 rise by 3 percent. Working percent of people nearing or on professionals can save the cusp of retiring have nothing more for retirement by saved for retirement. converting some or all their Saving for retirement can raises into retirement savings. seem impossible in households Pre-tax retirement accounts where every dollar counts. But allow working professionals to the following are four simple put aside money before taxes ways to save more for retirement are paid, so weekly paychecks without making dramatic will not be greatly affected lifestyle changes. if you choose to increase the percentage of your income you 1. TURN RAISES INTO deposit into such accounts. Do this each time you receive a raise and your retirement savings will grow considerably. 2. PUT BONUSES TO WORK. Professionals who receive bonuses can speak to their employer and request that their retirement contribution rates be increased when bonuses are issued. Many 401(k) retirement plans allow workers to contribute as much as 80 percent of their paychecks. While that’s not sustainable for most people every pay period, increasing your contribution rate dramatically when your bonus is issued is a great way to save more for retirement. Contribution rates can then be returned to normal the following pay period.
Simon Audiology 544037
544037K_18
3. DOWNSIZE YOUR HOME. Empty nesters nearing retirement age may benefit by downsizing their homes. Doing so can reduce utility bills, property taxes and other expenses, and those savings can then be redirected into retirement accounts. 4. REINVEST TAX RETURNS. Working professionals accustomed to receiving tax returns can use that money to catch up on their retirement savings. Rather than spending tax returns or depositing them into traditional savings accounts, reinvest them into a retirement account. Speak with a financial planner to help you figure out how to accomplish this goal. Even if it requires opening a new account, the long-term benefits or reinvesting returns are substantial. Saving for retirement is important, and it’s never too late or too early to start setting aside more money for your golden years.
PALOUSE SENIORS
Moscow-Pullman Daily News & Lewiston Tribune | November 17, 2018 | 7
10 early signs of Alzheimer’s disease C Courtesy of Metro Editorial
hange plays a big role in the aging process. As adults age, both their minds and bodies undergo changes. The changes associated with aging are not uniform. Some people may experience small changes as they inch toward and ultimately pass retirement age, while others may undergo changes that affect nearly every aspect of their lives.
also should report them to their loved ones’ physicians. 1. Memory loss that disrupts daily life: Examples of this symptom include forgetting recently learned information; forgetting important dates and events; and asking for the same are not a normal part of aging. Cognitive decline is the type information over and over. of age-related change that can Because many people associate 2. Challenges in planning have a dramatic impact on a memory loss with aging, they or solving problems: Someone person’s life, affecting his or her may be compelled to accept exhibiting this symptom may ability to live independently. A some of the early signs and have trouble following a recipe general term used to describe symptoms of Alzheimer’s as or paying monthly bills. symptoms associated with a mere byproducts of growing decline in memory or thinking older. However, the Alzheimer’s 3. Difficulty completing skills such as judgment and familiar tasks at home at Association urges men and reasoning, dementia is often work or at leisure: Forgetting women to report any of these mistaken as a normal part of 10 early signs and symptoms of the rules of a favorite game or aging. However, the Alzheimer’s Alzheimer’s to their physicians experiencing trouble driving Foundation of America notes to a familiar location are some the moment they’re noticed. that dementia-related illnesses, examples of this symptom. Family members who notice including Alzheimer’s disease, these signs in their relatives
ALTERNATIVE NURSING SERVICES “Professional In-Home Health Care”
pê; Ü߸²Z¬ê ZÜ ê ìì ²{Z²ìßêê pêê Z¥¬āê*¥þ¥² ê ßߥßìZ²q êê pêê ¸¯ ¯Z« ÜßêDÜZ²ßǸÜìZ쥸²êê pêê? ßÇ¥ì ê ZÜ êê pêê? ߥ{ ²ì¥Z¬ê Zh¥¬¥ìZ쥸²êê pêêê {÷¬ìê Zāê ZÜ êpêA«¥¬¬ {ê.÷Üߥ² êê pêê ¸¯ÇZ²¥¸²ß£¥ÇéA÷Ç Üþ¥ß¥¸²êê pêê þ ¬¸Ç¯ ²ìZ¬êD£ ÜZÇā Ask About Payment Options
ANS 541879 Care 24 hours a day | 7 days a week | 365 days a year
ANS is committed to caring. Our mission is to improve the quality of life for all those entrusted in our care. Call today to learn how our team of compassionate professionals can help meet your needs.
www.anscares.com
CALL TODAY FOR A FREE IN-HOME ASSESSMENT!
Since 1995
1-800-930-3050
A helping hand can make all the difference
Serving these Counties Nez Perce, Latah, Clearwater, Lewis, Idaho, Adams, Valley, Benton, Franklin, Yakima, Walla Walla, Columbia, Garfield, Whitman, Spokane, Asotin and Surrounding Counties
* ÿ¥ß츲ê1 ¥q x wêôć ¤ã æ¤îć ćêpê(Z¯¥Z£ê1 ¥q x wêôć ¤³î ¤ôôć ê OZ¬¬ZêOZ¬¬Zê1 ¥q xêO ê ć³¤ ô ¤îî êpê,¸ßq¸ÿê1 ¥q xê wêôć ¤ ô¤ćæ¾æê DÜ¥¤ ¥ì¥ ßê1 ¥q xO wê ć³¤ãî ¤îî êpêSZ«¥¯Zê1 ¥q xO wê ć³¤ 泤îî ê
8 | November 17, 2018 | Moscow-Pullman Daily News & Lewiston Tribune
4. Confusion with time or place: People with Alzheimer’s lose track of dates, seasons and the passage of time. 5. Trouble understanding visual images and spatial relationships: Some people with Alzheimer’s have difficulty reading, judging distance and determining color or contrast. 6. New problems with words in speaking or writing: Difficulty joining or continuing a conversation and calling things by the wrong name are some examples of this symptom. 7. Misplacing things and losing the ability to retrace steps: People with Alzheimer’s sometimes put things in unusual places and then cannot retrace their steps to find those things.
8. Decreased or poor judgment: Poor judgment and decision-making often affects people with Alzheimer’s. 9. Withdrawal from work or social activities: People with this symptom may begin to withdraw from favorite activities or avoid being social because of the changes they’re experiencing. 10. Changes in mood and personality: Mood changes
PALOUSE SENIORS
Learn more about Alzheimer’s affect people with Alzheimer’s, disease at www.alz.org. who may become confused, suspicious, depressed, fearful, or anxious.
Our $3.6 Million
Cath Lab
is ready to serve our patients!
St. Joes Regional Medical Center Heart attack and Stroke patients can feel confident. This technology takes imaging to the next level. 543635
sjrmc.org
543635K-18