provided to Santiva Chronicle
The Sanibel Captiva Trust Company recently hosted the first of their 2020 Speaker Series entitled, “Aging in Place & Long-Term Care.” Andrea Sieradzki, Campus Director of Gulf Coast Village presented on the topic. Gulf Coast Village is one of several senior living family of options in Southwest Florida, under the Volunteers of America umbrella.
Sieradzki noted some serious statistics, such as ten thousand people turn 65 every day, and the fastest growing age group is now 100-plus years of age. Southwest Florida has 125,000 seniors over the age of 80. What this means for our residents: Lee County has a shortage of skilled nursing facilities; there is a caregiver shortage; Medicare is short-term and 7 out of 10 (65-plus year-olds) will need long term care at some point. Not to mention that healthcare costs rise 5 percent – 12 percent annually.
Sieradzki outlined the options. “Older Americans are very likely to need long-term care, but want to stay in their homes, rather than transition to a community,” she said. “We understand that if you live on the beautiful islands of Sanibel and Captiva, you’d want to stay here as long as possible.” She highlighted another company under Volunteers of America, Senior Choice at Home. This in-home care program accepts relatively healthy people beginning at 60 years of age today in anticipation that members will need Senior Choice at Home down the road. A Personal Care Coordinator is partnered with each member to develop and execute a care plan tailored to their needs. “Joining at a younger age helps you create a thorough plan for your future,” said Sieradzki. “There is no time like the present, because today you are as young and healthy as you will ever be.”
“We frequently help our clients navigate through their long-term care options; then work with their relationship team to assure that their investment plan is on point to meet their financial needs,” said Robin Cook, Wealth Services Advisor at The Trust Company. “If you are considering long term or in-home care for your future, visit with us at The Trust Company to learn how we can be of help.”
To view the full menu of lectures for the 2020 Speaker Series, visit www.sancaptrustco.com/2020speakerseries
The Sanibel Captiva Trust Company is an independent trust company with $2.5 billion in assets under management that provides family office and wealth management services, including investment management, trust administration and financial counsel to high net worth individuals, families, businesses, foundations and endowments. Founded in 2001 as a state-chartered independent trust company, the firm is focused on wealth management services that are absolute-return oriented and performance driven. Each portfolio is separately managed and customized specifically to the client’s yield and cash-flow requirements. The Naples Trust Company and The Tampa Bay Trust Company are divisions of The Sanibel Captiva Trust Company. Offices in Sanibel-Captiva, Naples, Tampa, Belleair Bluffs-Clearwater and Tarpon Springs. http://www.sancaptrustco.com