Sensible Perspectives

Older adult living options, life care managers, and when it’s smart to make a plan

Posted by on June 26, 2019

As most of our clients know, planning at Sensible Financial is more than just running the numbers (though we think we’re pretty good at that). It’s also helping our clients think more broadly about how they want to live, and then helping them consider the financial ramifications of their options. 

Quite a few of our clients have been thinking about their living arrangements after they retire, and certainly as they approach their mid-70s and 80s. Others are thinking about this same topic, but for their parents or other older relatives. We have learned that there are a wide variety of potential living options, and that most people don’t have a good sense of what they are or how to begin the process of thinking about them.

With that in mind, we asked Karen Wasserman to speak to our clients and guests. Karen, a nationally certified care manager and social worker, founded the Jewish Family & Children’s Service care management program, Your Elder Experts, in 1999. Over the past twenty years, she has built the organization into one of the Boston area’s leading care management practices. Karen spends much of her time leading educational programs in the community about elder services, housing, and care management. Fortunately for us, Karen was happy to share her knowledge with us and with our guests.

We gathered on Saturday afternoon, June 15th at the Embassy Suites in Waltham. Despite the gorgeous weather, clients and guests gave up their outdoor plans and joined us for the seminar. It was a great turnout. Karen is an interesting and dynamic speaker, who peppers her speech with examples to illustrate her points. She kept the audience rapt and inspired a lively Q & A session after the talk.

Here are a few highlights from the session.

We appreciate that Karen gave both her time and her expertise to the audience and to the Sensible team. From the comments and conversations after her talk, the audience found it as enriching as we did. If you couldn’t make it to the event, don’t worry. We knew many of you would want to see it so we videotaped the seminar. Enjoy!