Module Six Lecture-Nov. 17 classroom

Due Nov 17, 2015 by 12pm
Points 100
Available Aug 24, 2015 at 12am - Dec 14, 2015 at 11:59pm

This assignment was locked Dec 14, 2015 at 11:59pm.

Group Five PPT.pptx Download Group Five PPT.pptx

Coley Parker Presentation

WATCH IF YOU MISSED THE NOV 3 Lecture

The Good News---You may be able to take a pill that will allow you to live longer.

EXPERIMENTS THAT HINT LONGER LIVES (15 minutes)

http://www.ted.com/talks/cynthia_kenyon_experiments_that_hint_of_longer_lives Links to an external site.

Nov. 17 Lecture Death in the Family

The Bad News---You will still have to prepare for your own death

Physical Death - Signs that death is near.

https://www.youtube.com/watch?v=8qx9KDQzUe0 Links to an external site.

The Near Death Experience (Video) 3:30

http://www.doctoroz.com/videos/do-you-believe-life-after-death Links to an external site.
Age in place-Adapting your home for your old age https://www.youtube.com/watch?v=9heqZ6vH14I Links to an external site.

Reverse Mortgage vs Paying off your home before retirement

Legal considerations (Differ from state to state)

Advanced directive and heroic measures
Last Will and Testament
Executor
Probate and Intestate

Retirement----

What is the difference between full retirement and a retirement benefit?
What is my full retirement age? https://socialsecurity.gov/oact/progdata/nra.html Links to an external site.
Social Security ($1,225.00 per month)
Medicare Parts A,B,C and D vs Medicare Supplemental Insurance

Part A Hospitalization Insurance (required registration at age 65, No premium)

Part B Medical Services Insurance ($104.00 deducted from your Social Security Benefit)

Part C Medicare Advantage (Better coverage for Hospitalization and Medical Services. Premiums are income based.) $45.00 and up

Part D Drug coverage ($8.50)

Social Security $1,225 minus Part B premium $104.00-minus Part C premium $45.00-minus Part C premium $8.50 equals

$1,225.00

- 157.50

$1,067.50 Actual Social Security after Medicare deductions This is also taxable income.

Option: You can sign up for Part A and B to become eligible for Private Medicare Advantage Policies that are more expensive but cover

more of your out-of-pocket and deductible costs.

Building your retirement portfolio

Cash
Precious metals
401k (After withdrawal taxes)
Roth IRA Before withdrawal taxes)
Stocks and Municipal Bonds
Others (Art work, collectables, fine jewelry, antique cars, rental properties,etc.)

Other options:

Home appreciation (Buying price minus the selling price after taxes)

Downsizing (Smaller home, fewer possessions)

Moving in with your children

6. What is successful aging?

Avoiding serious, debilitating diseases and disability.
Maintaining a high level of physical functioning, living independently, and engaging in most normal activities of normal living.
Maintaining cognitive functioning and actively engaging in mentally challenging and stimulating activities.
Having sustained or developed an active engagement in social and productive activities.
Having a sense of control over circumstances in life.
Aging gracefully takes into account chronological age as well as quality of life, which means the person leads a productive, full, and satisfying life.

7 Why do we age? (It’s most likely a combination of the following factors.)

Wear and Tear Theory—We just break down over time.

Cellular Theory-the number of cells we have at birth are only programmed to reproduce so many times.

Genetic Maturation Theory-proposes that the number of cells exhibiting unusual or different characteristics increases with age.

Autoimmune Theory-states that aging is due to our declining immunological system. We stop fighting and break down.

How you can assist a person who is dying? There are 837,000 Hoosier family caregivers. (AARP NEWS, November 2015)

Take care of physical needs (elimination of body wastes, food and water, warmth, pain control and assistance with medications)
Take care of psychological needs (make them feel safe and secure, enhance their environment with flowers, music , TV, conversation and have respect for their autonomy. Keep their pets close---animals bring great comfort to the dying.)
Take care of their social needs (Keep them in the conversation, allow loved ones to visit, allow them to participate in family activities if possible.)
Take care of their spiritual needs (identify and reaffirm their sources of meaning and hope-Religion, reminders of places they loved and traditions that have meaning to them.)

9.How to cope emotionally with your own impending death.

People generally experience the same emotional stages as they are dying. These stages may happen

independently or simultaneously.

When we first learn that we are dying we tend to receive the news with disbelief even when the cause is obvious or certain. This is the denial stage.
After denial we tend to feel anger because we do not want to let go of life.
As the anger continues we may begin to bargain with those in control. We may agree to another round of surgery or chemotherapy. We may try to bargain with God. We may decide that we are not going to die until a certain event occurs.
As the bargaining ends we feel depression because we cannot stop dying.
As dying continues we come to acceptance. At this stage we become tired and passive.
The body shuts down. The heart, brain and lungs stop. The body cools, dehydrates, releases body fluids and begins an organic breakdown releasing gasses to assist decomposition.

10.. Stages of Accepting Death

http://study.com/academy/lesson/what-are-the-stages-of-dying-overview-of-kubbler-rosss-5-stages.html Links to an external site.

Kubler-Ross