What are your future housing goals? With all the changes that can come with aging, finding a safe, secure place to make the most of your golden years can be challenging. There are more options available for seniors than ever, so we sorted out key details to help you with your search.
A helping hand
It’s not unusual for older adults to need a bit of help with their daily lives. If you have a mobility concern, a chronic health condition, or simply need some assistance with things like taking medications, grooming, or getting in and out of chairs, an assisted living community could be an ideal choice for you. These facilities have staff on hand to help with tasks that fall into the category of activities of daily living, and by covering those basics, many seniors can stay more active, independent, safe, and comfortable.
Even though the staff is present to offer support, these communities are designed for people who enjoy some self-sufficiency in their lives. There are studio- and apartment-style options in a senior-friendly environment, as well as varied amenities, such as daily scheduled events, pet-friendly housing options, convenient access to transportation services, and even onsite beauty and barbershops.
Seniors can interact with each other, make friends, and participate in group activities. As Bay Alarm Medical explains, senior isolation is felt to be a contributing factor to declining health, so this can be a crucial consideration for seniors in danger of loneliness. It’s truly a community atmosphere to keep you supported and connected in your golden years.
Of course, there is a wide range of facilities available. In Arizona, the median annual cost is $45,000 to reside in an assisted living facility, but there is a wide price range. With such great diversity, it’s best to visit facilities to find your best fit, rather than letting price dictate your decision.
Stay put or downsize?
Seniors who are involved with friends and family are active and well, or those who have family members to help, often opt for aging in place. This typically comes in one of two forms. Seniors either downsize to a one-level home and renovate the space to make it more age-friendly, or they stay in their current home and make renovations. Before buying a senior-friendly home, it’s crucial to take into account monthly spending, property taxes, and loan terms to make sure the new home is affordable.
As Kiplinger explains, beginning with small home modifications in the current home is often easiest for most seniors, and even those seemingly small changes can greatly enhance the living environment. Among the most important changes, seniors can consider are the easiest and least expensive. For instance, bathrooms are an area of high risk due to the smooth surfaces, wet environment, and changing positions. By installing grab bars and adding a comfort-height toilet, you can ease transitioning and help avoid dangerous falls.
Making things affordable
Whether you choose an assisted living community, make home modifications, or find another solution, paying for housing can add up. Many people think they can rely on Medicaid or Medicare to help, but it’s important to understand the coverage is quite limited, and seniors often have to pay a good portion of the expenses. All too often this leads to draining the estate. With that in mind, establishing some legal protection in the form of trust can maintain your assets.
Another situation many seniors face involves probate court. Oftentimes when older adults lose their spouses, they lose the person who helped with their activities of daily living. This can lead to an immediate need for assisted living, but funds are tied up. In this case, it’s necessary to address matters in court.
Any time seniors face a legal concern, discussing particulars with an attorney can mean finding the best possible solution for their circumstances.
Seniors have some excellent housing options available these days. Consider your personal situation carefully as you look to the future. Finding the best solution can ensure your safety, health, and happiness in the years to come.
