In the Fraser North region

More seniors in the workforce, report shows

In the Fraser North region, 84.5% of seniors feel a somewhat strong or very strong sense of community belonging.

How are seniors managing and planning for the future? The report Seniors in the Lower Mainland: A Snapshot of Facts and Trends by the United Way and SPARC BC tells an interesting story.

More are working: The snapshot shows that fewer seniors today are relying on RRSPs and investment income than they did 10 years ago (RRSPs dropped from 11.1 to 8.5%, investment income dropped to 58% from 65.4%) while those relying on private pensions, CPP and OAS have not changed much.

Meanwhile, employment income jumped from 16.4% to 28.1% from between 2000 and 2010 and, with housing costs being what they are, that trend can be expected to grow.

More live as couples. Could economics be playing a factor? After all, it’s expensive to live in this region. Single seniors, especially women, live with less money than single men, (three in five women are living on less than $25,000 a year).

Single men do better with less than half living on less than 25,000 per year. But couples do better than both, with a median income of $56,560.

Men are staying healthier and may be living longer than they did a decade or two ago and that is good news because it seems couples do better financially than singles.

More are staying in the family home longer, but there are pockets of need, and as seniors age, they require more housing options, including those that can accommodate mobility or health challenges.

High costs for care: When it comes to aging gracefully, affordable housing is increasingly important but older seniors who can’t live at home will pay high costs for assisted living (independent units with limited health care) and nursing care at a seniors facility.

Fees are approximately $3,000 a month for a one bedroom assisted living unit and $5,626 a month for heavier care. Those costs will only continue to rise, prompting seniors to stay independent and in their own homes as long as possible.

Seniors will need help to stay at home: As seniors age, their mobility decreases and they will need help from family members or the community in future years.

Thankfully, a substantial number of seniors (70.7%) report that they are functionally in good health. More than 95% have a regular medical doctor and most feel engaged with the community.

In the Fraser North region, 84.5% of seniors feel a somewhat strong or very strong sense of community belonging. That number is up considerably from 66.5% who felt that way in 2003.That’s a good base on which to build an age-friendly community that will support seniors for years to come.


Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

West Coast Express locomotive has been fixed

The little train that could back on schedule through Maple Ridge

Meadowridge students unleash their robotic talents

FIRST LEGO League competition took place at Meadowridge School

Borrow $8 billion for Fraser Valley rail link, Abbotsford mayor urges province

Henry Braun urges province to borrow billions to connect Abbotsford & Chilliwack to Metro Vancouver

Fire in second storey suite of Maple Ridge building

No one home at time, two dogs, cat are OK

Victoria police arrest 12 anti-pipeline protesters supporting Wet’suwet’en

‘We are unarmed, they have guns,’ protesters chanted on Wednesday morning

‘Naughty boy’: Monty Python star Terry Jones dies at 77

The comedian has been suffering from a rare form of dementia

Four things ‘not’ to do if you run into Prince Harry and Meghan in B.C.

Here is a list of some things you definitely should NOT do, according to the BBC

Harry and Meghan should cover their own security costs: NDP heritage critic

The prince, Meghan Markle and their eight-month-old son Archie are reportedly staying at a mansion near Victoria

Theo the 800-pound pig trimmed down and still looking for love on Vancouver Island

“He’s doing really well, lost quite a few pounds and can run now.”

Pooches Jasper and Jake bring comfort to Abbotsford Police Department

Comfort dogs there for cuddles and play time when needed

One dead following pedestrian collision in South Surrey’s Campbell Heights

Incident occurred just after 7 a.m. on 24 Avenue near 188 Street

Horgan unveils B.C. cabinet shuffle changes

Premier John Horgan has made three major changes to his cabinet

Dog reunited with Tofino owner, months after being taken from beach

Shannon Boothman ‘ecstatic’ at pet’s return after a tip leads to social media search

Most Read