CSA JOURNAL 71 / VOL. 2, 2018 / SOCIETY OF CERTIFIED SENIOR ADVISORS / WWW.CSA.US

C O N T E N T S

JournalCSANUMBER 71 / VOL. 2, 2018

Editor’s LetterERIKA WALKER

[ health ]

The Intersection of Healthcareand Financial PlanningMINDY JONES

[ social ]

Planning for the InevitableSARAH GILBERT, PHD

Aging Expectations and FamilyResilienceKAY VAN NORMAN, MS

[ financial ]

CLTC Paying for Long-Term Care:Seeking Solutions for IncreasingNeedCINDY EISENHOWER, CLTC

CSAs, Seniors and the Integrity ofCredit Files: Now More Than EverTHOMAS H EYSSELL, PHD, CSA

AND L DOUGLAS SMITH, PHD

Advising your Clients about theValue of Disability InsuranceROSEMARIE ROSETTI , PHD

Aging and Informed FinancialDecision Making: New Tools forthe Professional Working WithOlder AdultsPETER A LICHTENBERG, PHD, APBB

AND DEBRA A PECK, CPA

[ positive aging ]

Intentional Aging UsingGerotranscendenceBY KATLYN CLIFTON, MBA,

MA, COS

Positive Aging Perspectives anda New Paradigm: Foray (4A) intoAgingCONNIE CORLEY, PHD

AND THERESA SOUTHAM

[ emerging trends ]

Reframing Aging in Place:Everyone Wins!LOUIS TENENBAUM

[ case in point ]

The CSA Journal includes a Case in Point sec-tion with a feature article and one or more case studies that shed light on an important senior-related issue. After reading the section, CSAs may choose to complete an online quiz to earn 5 CSA continuing education (CSA CE) credits.

Essential Conversations andPlanning for Life TransitionsAMY D’APRIX, PHD, MSW

Case StudyProactive Planning: Essential Conversations with MargeryAMY D’APRIX, PHD, MSW

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JournalCSANUMBER 71 / VOLUME 2, 2018

CSA Journal Staff

Publisher Society of Certified Senior Advisors

EditorErika Walker

Editorial BoardJill Bjerke, BS, DC, CAPSRobert HockinJoel MeklerGordon Walker, MS, CSAStephen Endrizzi, CSARoy Barker, CSACharlene NeuMichelle Kunz, CSAKelly Holiday, LMHC, CSAHelen Keit, Lic Real Estate Broker, CSA, MBABetsy M Hardy, RN, BSN, DNS-MTJohn D. Frenzel “Skip”, CSA, CFP, SRES, CLTC,

CMFCTracy Hanavin, CSAJeff Henson, CLU, CFP, LUTCF, FLMI, ACS, ChFC,

AALY, CPCU, AIAA, CSA, CASL, ChFEBCJames A. Hurt, Jr., CLU, ChFC, CSA, RICPSusan  Miedzianowski, PhD, MSA, CPC, CSAScott Morrison, CSALisa Rill, PhDErika T Walker, MBA, CSARobbin Corriveau

Design Stylus Creative

Print CEC Document Services

Society of Certified Senior Advisors®720 South Colorado Boulevard, Suite 750 N.Denver, Colorado 80246Phone: 303-757-2323 or 800-653-1785Fax: 303-757-7677Email: society@csa.usWebsite: www.csa.us

Society of Certified Senior Advisors® (SCSA) is the premier membership organization educating and certifying professionals who serve older adults. The Certified Senior Advisor (CSA)® credential is among only a handful that are dually accredited by the American National Standards Institute and the National Commission for Certifying Agencies. The SCSA education program, Working with Older Adults, uniquely covers aging and health, social and financial issues important to many older adults. SCSA was founded in 1997.

PEER REVIEW The CSA Journal provides continuing education for SCSA members. All manuscripts are reviewed by the CSA Journal editor and CSA Jour-nal Board. The CSA Journal Board approves all ar-ticles. Revisions may be required and articles must meet SCSA publishing policies and standards.

The CSA Journal (ISSN 1542-9199) is published quarterly by the Society of Certified Senior Advi-sors® (SCSA), 720 S. Colorado Blvd., Ste 750 N., Denver, Colorado 80246. www.csa.us.

POSTMASTER Periodicals postage pending at Den-ver, Colorado, and additional mailing office. POST-MASTER: Send address changes to CSA Journal, 720 S. Colorado Blvd., Ste 750 N., Denver, Colo-rado 80246.

SUBSCRIPTION The CSA Journal is complimentary for SCSA members. For nonmembers, the annual subscription rate is $65.

REPRODUCTION Certified Senior Advisors (CSAs) may reproduce CSA Journal articles. All oth-ers must obtain written permission from SCSA. Please email your requests to journal@csa.us.

ADVERTISING SPACE Place your ad in an upcoming issue of the CSA Journal. For pricing and details, contact journal@csa.us.

COMMENTS We’d love to hear from you. Please share your article ideas, comments, questions, or concerns at journal@csa.us.

As aging industry professionals, we have an overabundance of information available to us. However, let’s face it…how much of that in-

formation helps us do our job better? A recent article in the American Society on Aging newspaper, Aging Today, discusses how the coverage of aging in news-rooms and magazines is waning while simultaneously the hunger for news about aging is growing.

As a CSA Editorial Board member, I am proud to be among those feeding that hunger through our work on the CSA Journal. We strive to bring you infor-mation that will enable you to serve your older adult clients better. In this issue of the CSA Journal, you will find articles across a broad array of topics to enhance your understanding of the issues facing older adults and their families, accompanied by approaches to inte-grate these concepts into your professional career.

From the financial perspective, Cindy Eisenhower discusses opportunities in the long term care insur-ance industry, including the growth of hybrid insur-ance policies. Thomas Eyssell and L. Douglas Smith highlight the importance of older adults maintaining accurate credit files with a summary of their recent study, a timely topic in light of the recent Equifax data breach. Peter Lichtenberg and Debra Peck from Wayne State University share their verified new tool, the Lichtenberg Financial Decision Screening Scale, which helps professionals address the ability of older clients to make informed financial decisions.

Rosemarie Rosetti shares her highly personal story about a paralyzing accident that led to a lifetime focus on the value of disability insurance. Her inspirational advocacy is illuminated in her statement, “As it turned out, my helmet was as valuable to me in saving my life as my disability insurance policy was in preserving my financial stability.”

Our nation currently spends $3.2 trillion annually on medical care, and chronic disease accounts for 86 percent of the nation’s healthcare spending. Facing

such daunting numbers, how do individuals plan for these growing medical expenses as they age? Mindy Jones evaluates how much to set aside for medical ex-penses in retirement and how to determine the odds you will need long term care.

Planning, resilience and positive aging are other major topics in Journal 71. In a two-part series, Kay Van Norman explains how families share a culture that influences aging trajectories and shape health and aging outcomes. Her definition of how the individual and family share goals to promote positive resilience as we age should be a core value in our work. Sarah Gilbert introduces the four domains of preparing for aging: Personal, Medical, Legal and Financial. Con-nie Corley and Theresa Southam clarify how positive aging can be implemented by adopting the Foray (4A) paradigm of Awareness, Attitude, Affiliation and Activity. Their article pairs with Katlyn Clifton’s insightful piece to introduce the concepts of “gero-transcendence” and “intentional aging” to engender a more successful journey throughout old age.

Finally, in the Case In Point, nationally respected leader on life planning Amy D’Aprix shares methods for facilitating and implementing “essential conversa-tions” to shepherd your clients through life transitions.

I continue to be impressed with the quality of our authors. These perceptive individuals come from a multitude of professional backgrounds, most with advanced degrees and years of experi-ence. As few publications are reporting older adult issues beyond the doomsday defaults of illness and socioeconomic burden, I believe the CSA Journal continues to stand out as a positive com-prehensive resource advancing the methods and practices of professionals dealing with aging clients. Erika T. Walker, Editor

[ e d i t o r ’ s l e t t e r ]

“There is a fountain of youth: it is your mind, your talents, the creativity you bring

to your life and the lives of people you love. When you learn to tap this source, you will

truly have defeated age.” —SOPHIA LOREN

CSA JOURNAL 71 / VOL. 2, 2018 / SOCIETY OF CERTIFIED SENIOR ADVISORS / WWW.CSA.US PAGE 3