Aging in Place with Companion Care

No Unfinished Business Podcast Ep. 31: Aging in Place with Companion Care w/ Mikey Newton

What is companion care, and how might it fit when planning for loved ones aging in place?




This week, we’re diving into a topic that affects many families today: aging parents and the so-called “sandwich generation.” These are individuals who find themselves caring for their children while simultaneously worrying about their aging parents. Our guest is Mikey Newton of Maxim at Home, which provides non-medical companions for the elderly. She breaks down what this service is and how it can be a lifesaver for many families with a loved one aging in place at home.

The Challenges of the Sandwich Generation

The sandwich generation faces unique challenges as they are caretakers in two different directions—taking care of their children and their parents. The first step in navigating this complex equation is often understanding the kind of help the older generation might need. One solution is non-medical companions who assist the elderly in aging in place, thereby maintaining their independence and lifestyle.

Key Statistics

An important factor to consider is that the baby boomer generation is aging rapidly. Within the next seven years, 20% of the population will be 65 and older. Senior living communities are an option, but not everyone wants or can afford to transition into these facilities.

Services Offered by Companions

Companionship is at the heart of this service, but companions also provide:

  • Transportation
  • Light housekeeping
  • Meal preparation
  • Pet care

The Importance of Companionship

As former Surgeon General Vivek Murthy highlighted, companionship is a physical need. Providing companionship not only improves the mental well-being of elderly individuals but also contributes to healthier living in various aspects.

Warning Signs to Watch For

When it comes to aging parents, early intervention can make a big difference. Keep an eye out for:

  • Social withdrawal
  • Reduced interest in hobbies or activities
  • Loss of appetite
  • Frustration with technology
  • Signs of depression

The Age Lab Questions

MIT’s Age Lab publication recommends three questions to gauge how well someone can live independently:

  1. How are you going to get an ice cream cone?
  2. How are you going to change a light bulb?
  3. Who will you have lunch with?

These questions assess various needs such as transportation, minor home repairs, and the essential aspect of companionship.

Making the Right Match

Finding the right companion is essential for the success of this service. Many platforms that provide this service operate much like a dating app, offering previews of available companions, their bios, work experience, and hobbies. This ensures that the family can choose someone who will best mesh with their loved one’s personality and needs.

Preparing for the Transition

Families often face common issues when transitioning to having a companion in place. Clarifying the role of the companion—what they can and cannot do—is crucial. Misunderstanding tasks such as the scope of housekeeping can lead to frustrations down the road.

Planning for Breaks and Vacations

Another advantage of companionship services is they offer respite for family members. Whether it’s a child living in a different city or family members going on vacation, these services fill in the gaps to ensure continued care.


Being part of the sandwich generation is challenging but taking the right steps can make the journey easier for everyone involved. Understanding the warning signs and needs of your aging parents can help you decide on the right course of action. Non-medical companions offer a variety of services aimed at enhancing the quality of life for the elderly, which, in turn, provides peace of mind for their families.

Find more info at or Mikey on LinkedIn at

No Unfinished Business® Podcast

We hope you’ll join us each week, so hit that follow button, and if you have any questions, feedback, or ideas for topics, please reach out via social or email. We’d love to hear from you.

Contact John at or via social.

Visit for more info about how John works with professional advisors.

Schedule a free consultation with Strohmeyer Law to protect your family with an estate plan.

End-of-Year Strategies for Irrevocable Gifting Trusts

As the year draws to a close, there are some crucial actions to take with an irrevocable gifting trust.

What to Do If You Receive an IRS Letter

Receiving a letter from the IRS might send shivers down your spine. So what's your first step? Is it always a cause for alarm? Let's walk through what you should do.

Why You Need a Trademark

We'll explain the the four main areas of intellectual property for business owners, why trademarks are crucial, and how to get your marks registered.

Schedule a call with Strohmeyer Law to discuss your legal and tax issues.

Need legal help? Contact Strohmeyer Law today.