COVID19 - It's impact on Financial and Psycho-Social Health, for Seniors and Caregivers

Did you know that although coronavirus (COVID-19) is primarily a health challenge, its impacts on financial markets is very significant as well? On one hand, global death toll has gone over 100,000 people and on the other hand financial markets have gone down by over 30 percent. To address the elephant in the room, I decided to invite a health and financial expert over.

In this episode, we’ll talk about the deep impact the pandemic has on people's retirement savings and cash flows. To help us figure things out, we have Doug Buss with us today. Doug has over 33 years of experience and is considered a veteran in the financial industry. Doug works with over 1,200 families and has been on the podcast before.

To cover topics related to elderly care and the role of caregivers, we have Taz Lakhani with us today. She is the director of care for Right At Home - Greater Winnipeg Area. She has been in the industry for over 15 years now. Taz works with various community organisations and lots of families who are dealing with dementia or various other elderly challenges. She's working at the grassroots level.

Topics:

• How coronavirus affects older adults especially on the health side of things
• What to do to prevent the spread of the virus
• Difference between social distancing and social isolation
• On utilising technologies
• The impact of the pandemic on older adults from a financial perspective
• Taz's thoughts on what caregivers should be doing at times like these
• What Taz sees in the community right now
• How Doug helps some of the families he’s working with in terms of retirement savings loss
• What Taz sees while working in the community of people with dementia
• Taz's advice to caregivers to make this journey easier for them in times like these
• Doug's tips to caregivers in terms of finances
• Their advice on what caregivers should do

Links:

Zoom: https://zoom.us

Facebook: https://www.facebook.com

Taz's Company Website: https://www.rightathomecanada.com/winnipeg

Taz's Office Contact: 2043185554

Doug's Company Website: https://www.yourstylefinancial.ca/

Doug's Office Contact: 2042276395

Doug Buss' Episode: https://podcasts.apple.com/ca/podcast/episode-2-how-much-do-i-need-for-my-retirement/id1490462770?i=1000459492474

Teepa Snow's Episode: https://podcasts.apple.com/ca/podcast/episode-6-using-a-positive-approach-to-dementia-care/id1490462770?i=1000460272808

Links:

Host’s email: Rafiq@SeniorsPodcast.com

Sponsor’s Link - Right at Home: www.RightAtHomeCanada.com/Winnipeg

All Things Senior’s Facebook: www.facebook.com/AllThingsSeniors

Doug's Company Website: www.yourstylefinancial.ca/

Doug's Book: www.yourstylefinancial.ca/bookpurchase

Doug's Facebook: www.facebook.com/yourstylefinancial/

Doug's Twitter: https://twitter.com/dougbuss

Doug's Email: doug@yourstylefinancial.ca

Office number: 204.474.2929

Tazz's Website: