The responsibilities and costs involved with caring for an aging parent can be overwhelming. You may feel ill-informed about potential problems with aging, unequipped to help, and/or unaware of resources available to you.

The UNFCU Investment Centre is here to assist you. In our online guide, we offer suggestions to adults who are, or expect to be, providing care to their aging parents and/or elderly relatives.

Long-Term Care for Your Parents
 
  Long-Term Care (LTC) is the assistance that is provided to people who are unable to perform the Activities of Daily Living (ADLs) that healthy, fully functional people do independently and on a daily basis. The need for LTC services arises from chronic health conditions and/or physical disabilities, such as a stroke, Multiple Sclerosis, Parkinson’s or Alzheimer’s disease. The services are provided over a long period of time.

Long-Term Care insurance covers the high cost of nursing home or at-home care. Without proper planning, it could very quickly deplete your hard-earned savings if your parents suffers a serious accident or illness. Only Long-Term Care insurance can provide your parents with the security they need and deserve in their retirement years.

Speak with a UNFCU Financial Advisor today and learn how UNFCU members, spouses and immediate family can benefit from available programme discounts of up to 10%. We also offer portable coverage for non-US citizens currently living in the US but planning to retire abroad.

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Your Parents’ Health & Well-Being
 
  As your parents grow older, a number of diseases and conditions that frequently occur among the elderly may be mistaken for a part of the aging process. It will be critical for you to be able to distinguish between the normal signs of aging and those that indicate possible illness. It is recommended that you stay informed about the medical conditions of your parents. It may be helpful for you to know the names of their physicians and the medications they take.

An important key to your parents’ well-being in later years is the maintenance of a lifestyle that is enjoyable and comfortable for them. For more information on resources and services that may help them meet their needs, visit our Directory of Long-Term Care Resources.Your Parents’ Financial Affairs
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Your Parents’ Financial Affairs
 
  Your parents’ post-retirement financial planning should include maintaining purchasing power in the case of inflation, preparing for emergencies and unforeseen events, determining how to use savings and other assets to supplement income, and making important investment decisions. Contact a UNFCU Financial Advisor today, and schedule a complimentary consultation for you and/or your parents. Your Advisor will address all of your financial concerns, providing you and your parents with peace of mind, for years to come.
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Your Parents’ Legal Affairs
 
  It is recommended that your parents work with an attorney who specializes in wills, estates, powers of attorney, and other elder law matters. The UNFCU Investment Centre has a strategic relationship with local law firms. Initial consultations with these legal advisors are complimentary, and legal service discounts of up to 20% may be available. Contact a Financial Advisor today for a referral.
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Directory of Resource Links
 
 


Administration on Aging, Internet and Email Resources

– for U.S. residents
330 Independence Avenue SW
Washington, DC 20201
Telephone: +1 202 619-7501
Fax: +1 202 260-1012
www.aoa.gov

Alliance for Children and Families – for U.S. residents
11700 West Lake Park Drive
Milwaukee, WI 53224
Telephone: +1 414 359-1040 or +1 800 221-2681
Fax: +1 414 359 1074
www.alliance1.org

Association of NY International Civil Servants (AFICS NY)
Federation of Associations of Former International Civil Servants (FAFICS)

New York Office:
Room DC1-580
United Nations
New York, NY 10017
Telephone: +1 212 963-2943
Fax: +1 212 963-5702

Geneva Office:
Room C.544-1
Palais des Nations
CH-1211 GENEVA 10
Switzerland
Telephone: +41 (22) 917-2626
Fax: +41 (22) 917-0075

Eldercare Locator Service – for U.S. residents
927 15th Street NW
6th Floor
Washington, DC 20005
Telephone: +1 800 677-1116

National Association for Home Care – for U.S. residents
228 7th Street SE
Washington, DC 20003
Telephone: +1 202 547-7424
Fax: +1 202 547-3540
www.nahc.org

Social Security Administration (SSA)
Office of Public Inquiries
6401 Security Blvd.
Baltimore, MD 21235
Telephone: +1 410 965-1234 or +1 800 772-1213
www.ssa.gov

United Nations Pension Fund
New York Office:
Room S-635
United Nations
New York, NY 10017
Telephone: +1 212 963-6931
Fax: +1 212 963-3146

Geneva Office:
Palais des Nations
1211 Geneva 10
Switzerland
Telephone: +41(22) 917-18-24
Fax: +41(22) 917-00-04
http://www.unjspf.org/eng/index.html

Health & Life Insurance Section United Nations
304 East 45th Street, Room FF-350
New York, NY 10017

Medical and Dental Insurance:
(Aetna, Empire Blue Cross, HIP, CIGNA)
(212) 963-5804

After Service Health Insurance
(212) 963-5813

Life Insurance
(212) 963-5806

Office Fax Number
(212) 963-4222

http://www.un.org

 

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