S4E04: When Care Meets Cost: A Daughter’s Guide to Balancing Aging & Affordability | Arvette M. Reid, AIF

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Summary

In this episode of the Aging Together podcast, Dr. Pooja A. Patel and Arvette M. Reid discuss the critical intersection of healthcare and financial planning for aging adults. Arvette shares her personal journey into elder care, emphasizing the importance of family conversations, the role of care managers, and the unique challenges faced by solo agers. They highlight the need for systemic changes in elder care policies, particularly regarding dementia care, and stress the importance of education and planning for families navigating these complex issues.

Takeaways

• Arvette Reid transitioned from a marketing career to elder care due to personal experiences.
• The importance of bridging healthcare and financial conversations for aging adults.
• Family meetings are crucial for effective care planning and decision-making.
• Solo agers face unique challenges and need a reliable support system.
• Care managers can provide essential support and coordination for families.
• Education and awareness are key for families navigating elder care.
• Dementia care often lacks adequate policy support and funding.
• Access to care is a primary concern for aging adults and their families.
• Planning ahead can alleviate family stress during healthcare crises.
• The intersection of healthcare and finance is vital for holistic care.

About the Guest

Arvette M. Reid, AIF, is a Healthcare Planning Strategist in the Virginia office of Signature Estate & Investment Advisors (SEIA), and she works in the practice’s Lifecare Affordability Plan® service. She joined SEIA in 2017 after working for 15 years as a marketing professional in the senior housing and healthcare industry, where her tenure spanned a range of independent living, assisted living, memory care, nursing care, and hospice care. Her ability to bring the financial and healthcare worlds together truly makes a powerful impact on how families, who are going through trying times, are holistically served.

Arvette’s deep commitment to civic engagement and local issues was established as a youth while visiting residents at Goodwin Living in her hometown of Alexandria, Virginia. Arvette most recently served on the boards of the Insight Memory Care Center and Senior Services of Alexandria, and is an active member of Jack and Jill of America, Inc. Arvette earned a Bachelor of Applied Science degree in Electrical and Electronics Engineering from the University of Virginia in 1992. In addition, she holds a Series 65 securities license, a Life & Health Insurance license, and she is an Accredited Investment Fiduciary (AIF) professional.

Contact

• [email protected] | seia.com/team/arvette-reid/
• 1650 Tyson Blvd, Suite 1575 | Tysons Corner, VA 22102

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