Are you Struggling to Cope with Stress and Anxiety as a Senior?
Many of us think that seniors don’t have much to be stressed about and yet, this is a misconception. Financial and health concerns are the most common causes for stress among seniors. There is also the fear of dying or realizing one’s mortality. It is called Thanatophobia (death anxiety) and is commonly referred to as the fear of death. More specifically, it can be a fear of death or a fear of the dying process.
Your retirement years are supposed to be some of the best years of your life? Your chance to finally unwind and do all of the things that you dreamed of.
As busy younger adults, we like to think that life becomes stress-free after retirement. However, many seniors find themselves overwhelmed with stress and the causes are multifaceted. Here’s an in-depth review of why seniors are stressed and how they can cope with it.
Why Learning to Cope with Stress is Important
Learning to cope with stress and anxiety in retirement is important because it can help extend your life. Stress is detrimental to your health and when you find it difficult to cope it can remove years off of your life. Many people don’t realize that mental stress and anxiety can be more damaging or taxing on the body than physical exertion.
What are the Common Causes for Stress Among Seniors?
According to New Wave Home Care, “The most common sources of anxiety for the elderly include health, finances, and social life. In reality, all of these issues greatly tie into each other, as diminishing physical capability in old age can threaten both physical and psychological wellness, financial security, and one’s relationship with others.”
Being retired doesn’t mean that you have adequate financial resources. Countless seniors find themselves in difficult financial circumstances that cause a great deal of stress.
While financial difficulties for seniors may seem like a singular stressful problem, it actually creates additional issues. Being unable to pay utility bills, help your children or grandchildren can cause stress and a sense of failure and or depression. There are also medical expenses to consider. Many seniors cannot afford to incur additional medical expenses and therefore forgo needed medical treatment. The resulting stress can also exacerbate an underlying medical condition.
Family or relationship problems are also difficult to cope with. Countless of seniors have children or grandchildren who are estranged. Having family members that won’t speak to you is especially distressing for many since they may be the only family and potential support system. When your children or grandchildren refuse to talk to you, it is often painful, mentally and emotionally draining.
Do You Have Family Stress?
There are different ways to cope with stress depending on the cause. If you’re stressed over family issues, try to remain patient and attempt to repair the relationship.
If that doesn’t work, you can try to ask another family member to intervene on your behalf. When all else fails, the best thing you can do is to lean on your friends for support. While a friend might not replace a family member, it’s usually the next best thing.
Did You Know Your Can Free Yourself from Financial Stress?
If you’re stressed over finances, one way to cope with that stress is to look for ways to solve the problem. Insolvency isn’t something that you can ignore, so taking charge of your finances can help alleviate some of the anxiety.
The best place to start to solve your financial troubles is to assess your expenses and find ways to cut out unnecessary ones. You can also think of ways to raise money. One option seniors have discovered to find additional funds to supplement their retirement, pay medical bills, long-term care, pay debt, is to sell their life insurance policy. Many seniors are not aware that they can sell their unwanted or not needed life insurance policies to licensed third-party buyers for a one-time lump sum cash payment.
MRE Finance Has an Option to Help
You have an option to relieve financial anxiety and live without stress by selling your life insurance policy through MRE Finance. MRE Finance helps seniors like yourself to sell their policies to licensed buyers for a cash payment. The offer is more than you will receive from surrendering your policy to the insurance company for its cash value or letting the policy lapse.
Our FREE online life settlement calculator can provide you with an estimate of your life insurance policy value within minutes. If you prefer, call the specialists at MRE Finance today at 1-800-521-0770. We will answer all your questions as we walk you through the life settlement process with ease so you can live without financial stress.
Start your journey to financial freedom with MRE Finance.