Office for the Aging

 
 

Talk About the Future: TEPSAT Tool Aids Retirement Planning

Holidays are a time for fun and celebration with family and friends. Family visits and gatherings around the campfire or barbecue also present good opportunities to discuss family plans.

One important topic is planning for retirement. Most people put off planning for the later years until those years arrive—leaving many critical decisions to be made without the appropriate time, preparation, and information to plan or to take advantage of preferences and options that can make the retirement years more successful.

How prepared are you—or your parents or grandparents—for successful aging? How comfortable are you with discussing health, long-term care, housing, estate planning, burial plans, power of attorney, financial management, and other topics with your older relatives?

The Elder Preparedness Self-Assessment Tool (TEPSAT) is a free, self-administered questionnaire that was developed by Robert Abrams, an elder law attorney, as a fun way to test your level of preparedness and to learn about various topics and resources that are important to everyone during the later years. It also provides an easy and enjoyable way to involve family members in discussions around topics that may be difficult or awkward to talk about in other circumstances.

TEPSAT is a performance-based tool that measures preparedness and then directs you to valuable tools and resources that will help you prepare for your later years.

Be a planner and take the test today. Also, share the tool with your friends, neighbors, and colleagues. Not planning could be detrimental to your health and independence.

More Resources for Your Family

An entire section of the AARP’s website is dedicated to retirement planning. Tools, tips, and even guides on where to retire are available.