Planning for the Next Stage: Elderado on Retirement Living, Finance, and the Future
Mayssam – August 28, 2025
Recently, Elderado co-founder Daniel Clarke joined The Next Stage, a podcast produced by Krygier Wealth Management of RBC Dominion Securities, to talk about one of life’s most challenging transitions: the move into retirement living. The episode, titled “The Search for Retirement Living”, covered everything from practical search tools to the emotional side of planning care.
Hosted by RBC’s wealth advisors, The Next Stage is a show about navigating key life moments with clarity and confidence — and few moments require more guidance than finding care for an aging loved one.
Where Eldercare and Finance Intersect
Eldercare is deeply intertwined with financial planning. Retirement homes and long-term care options come with real costs — and families are often making these decisions while simultaneously navigating major financial shifts: selling a home, unlocking assets, or downsizing investments.
That’s why financial advisors play a crucial role in this transition. They’re often the first to hear that a client is thinking about moving into a retirement residence or needs help caring for a spouse. And yet, while they may have the financial expertise, many don’t have a go-to resource to help guide their clients through the practical side of the care search.
That’s where Elderado comes in. The platform provides advisors with a trustworthy, unbiased tool they can offer to clients — one that simplifies the search, brings clarity to options, and removes the guesswork. It’s a natural fit for any financial professional helping a client navigate the next stage of life.
Helping Families Get Clear on What Matters
One of Elderado’s most useful features is its powerful filter system. As Daniel shares in the episode, Elderado allows users to narrow down retirement homes based on factors that actually matter, like starting price, language of care, medical services available, and amenities such as gardens or fitness programs.
These aren’t just surface-level details — they’re the kinds of things that directly affect whether someone feels at home. And when families are searching under time pressure, being able to filter out what doesn’t fit and zero in on what does can be a huge relief.
Looking Ahead: A Tool for All Canadians
In the later part of the podcast, Daniel outlines the long-term vision for Elderado: to become a national resource, available to every Canadian family. While the platform currently focuses on Ontario, the Elderado team has the goal of bringing the same transparency and compassion to retirement searches coast-to-coast.
This is especially important as Canada’s population continues to age. With over 3 times more Canadians expected to be 85 or older by 2040, the need for reliable, accessible eldercare tools is only going to grow.
For Families Starting Their Search
In one of the final questions of the episode, Daniel offers thoughtful guidance for families beginning the eldercare journey. First and foremost, he reminds caregivers that this decision isn’t about you, it’s about your loved one. While it’s natural to bring your own preferences and opinions into the process, it’s crucial to prioritize what matters most to the person who will be living there. Their comfort, routine, and personality should guide the search. Elderado exists to support these decisions, helping families match both personal preferences and practical considerations with real, available options.
His second piece of advice is just as important: if you’re looking for long term care, make sure it is close to someone who can advocate for your loved one. Whether it’s a family member, friend, or neighbour, having someone nearby who can regularly visit and speak up when needed makes a real difference in care and peace of mind.
As the eldercare landscape continues to evolve, so does the need for tools that bring both clarity and compassion to the process. Elderado is proud to support families and financial professionals alike, helping them navigate one of life’s most personal and complex transitions with confidence. Whether you’re planning ahead or in the middle of a decision, our mission is to make the journey easier — one search at a time.
CLICK HERE to listen to the full episode of The Next Stage with Daniel Clarke.