A cane includes an elongated shaft having an upper end and a lower end. The shaft is formed of at least two telescoping, adjustable sections that allow the height of the shaft to be selectively varied. Near the upper end of the shaft is a motorized armrest that can be raised to a horizontal position to support a users arm or elbow. Slidably mounted on a lower portion of the shaft is a deployable leg assembly for firmly bracing the cane when a user leans on the armrest. Accordingly, if a user wishes to rest, he or she deploys the leg assembly and raises the armrest allowing the cane to easily support the users body weight. When the armrest and leg assembly are collapsed, the cane may be used in a conventional fashion.