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As we journey through life, we inevitably come face to face with the realities of aging. While growing older brings wisdom and experience, it also brings challenges, particularly when it comes to managing our health and care needs. For many, the thought of becoming a burden on their children or family during their golden years can be a source of stress. However, with careful planning and proactive steps, you can take charge of your future and ensure that your twilight years are filled with comfort, dignity and peace of mind.

The aging landscape in Australia and New Zealand 

Australia and New Zealand, like many developed nations, are experiencing a significant demographic shift towards an aging population. According to the Australian Bureau of Statistics1, by 2071, it is projected that people aged over 65 will increase to between 28% and 30%. A similar trend is observed in New Zealand, where the number of people aged 65 and over is predicted to double by 2036, as stated by the New Zealand Ministry of Health2

This demographic shift underscores the importance of being prepared for the possibility of needing care as you age, and taking steps now can potentially alleviate the burden on your loved ones in the future. Health Quality & Safety Commission | Te Tāhū Hauora Health Quality & Safety Commission (hqsc.govt.nz)3

Proactive steps for a future with fewer worries 

  • Planning - One of the primary concerns when it comes to aged care is the financial aspect. Funding for aged care services can be complex, but understanding your options and preparing financially can make a world of difference. Research the government-supported services available, such as home care packages and residential aged care, and explore the potential costs associated with each. Utilise online resources provided by the Australian Government's Department of Health4 and the New Zealand Ministry of Health5 to get access to research, opportunities and useful links to additional information.   
  • Setting up advance care directives - While it may be uncomfortable to think about, setting up advance care directives is an important step in ensuring that your wishes are respected, in case you are unable to make decisions for yourself. These documents outline your preferences for medical treatments and interventions, which can provide your family and caregivers with clear guidance during difficult times. Organizations like Advance Care Planning Australia6 and Health Quality & Safety Commission New Zealand7 offer guidance on how to create these directives and engage in open conversations with your loved ones. 
  • Exploring home modifications - Staying in your own home for as long as possible is often a priority for people. To facilitate this, consider making modifications to your home that enhance accessibility and safety. This could involve installing handrails, ramps, or grab bars, ensuring that your living space remains comfortable and secure. Resources like the Seniors Housing Online8 in Australia and Age Concern New Zealand9 offer advice on home modifications and suitable housing options. 
  • Engaging in healthy lifestyle choices - Maintaining a healthy lifestyle significantly impacts your quality of life as you age. Regular exercise, a balanced diet and mental stimulation contribute to your overall well-being. Seek advice from healthcare professionals about exercise routines tailored to your needs and explore community programs that promote physical and mental health. Australian sources like the Better Health Channel10 and New Zealand's Health Navigator11 provide lots of information on health and wellness. 
  • Researching aged care facilities - If the time comes when moving into an aged care facility becomes necessary, being informed about your options is crucial. Research facilities in your area, considering factors such as location, services provided and staff qualifications. The Aged Care Quality and Safety Commission12 in Australia and the Health and Disability Services Complaints Office13 in New Zealand oversee the quality of care provided in these facilities, providing valuable information for making informed decisions.

Conclusion 

Aging is a natural part of life and by taking proactive steps now, you can alleviate the stress that often accompanies the uncertainty of the future. By educating yourself about the available resources, planning for financial stability and considering your care preferences, you empower yourself to embrace your later years with confidence and dignity. 

Remember, preparing for aged care is not just about ensuring your own well-being, but also about providing your loved ones with the peace of mind that comes from knowing your wishes are understood and respected. Take charge of your future today, so that you can enjoy a worry-free tomorrow. 


Sources:

1. Population Projections, Australia, 2017 (base) - 2066 | Australian Bureau of Statistics (abs.gov.au)
2. Tatau Kahukura: Māori Health Chart Book 2015, 3rd edition | Ministry of Health NZ
3. Health Quality & Safety Commission | Te Tāhū Hauora Health Quality & Safety Commission (hqsc.govt.nz)
4. Aged care | Australian Government Department of Health and Aged Care
5. Ministry of Health NZ 
6. Advance Care Planning
7. Health Quality & Safety Commission | Te Tāhū Hauora Health Quality & Safety Commission (hqsc.govt.nz)
8. Seniors housing | Planning (nsw.gov.au)
9. Home (ageconcern.org.nz)
10. Better Health Channel - Better Health Channel
11. Home | Healthify
12. Homepage | Aged Care Quality and Safety Commission
13. Complaints about a health and disability service | Ministry of Health NZ 

Important information

Resolution Life Australasia Limited ABN 84 079 300 379, NZ Company No. 281363, AFSL No. 233671 (Resolution Life) is the issuer of this article.  

Any advice in this article is provided by Resolution Life and is general advice and does not take into account your objectives, financial situation or needs. Therefore, before acting on this advice, you should consider the appropriateness of the advice having regard to your objectives, financial situation and needs, as well as the relevant product disclosure statement and/or policy document, available from Resolution Life in Australia at resolutionlife.com.au or by calling 133 731, or in New Zealand at resolutionlife.co.nz or by calling 0800 808 267, before making a decision about the product. Resolution Life is part of the Resolution Life Group and can be contacted via Contact us - Resolution Life (Australia) or Contact us - Resolution Life (New Zealand)