With so many housing options available today, it is easy to get confused while planning a move. As a senior, even if you are not presently set up for a move, it is a good idea to plan ahead of time what you might require in your Golden Years. Take a look around and explore your community to find out what is accessible as home support services.
Even taking a peek at your existing home to check if it is safer to live in as your needs change. You may be entitled to government help for home renovations if you have a disability. Knowing your options ahead of time will be of assistance in making informed future housing decisions that make the process easier for you. As a Real Estate professional, I always like to recommend to my clients the best possible options to make sure that they plan well for their move.
Housing Requirements during Retirement
Your housing requirements may change as you head towards your retirement days. For instance, you may require more facilities around the house, or you may need nursing care within the premises as you age.
You could continue living in your current home and have in-home support, or you may opt for a retirement home with meals and healthcare assistance. Your future housing costs are dependent on the level of services and care you require. It goes without saying that the more care and services you need, the higher the price will be.
How much does it Cost for Senior Residences?
Overall the choice of senior residences varies across Canada and depends on many factors including your ability to live independently, location, do you need assisted living, meals services, medical assistance, income level etc. the list goes on. In order to estimate your projected expenses, it is essential that you get precise information on what services need to be incorporated into your life style.
Check for Support
A number of assisted programs are available through the government, however, keep in mind that not all seniors are entitled to all levels of assistance. So, when creating your plan to age in a place, you should understand the available programs and how they may or may not impact you.
Getting Around
Getting to health appointments, shopping, and other activities are an essential part of being independent for seniors - for many seniors, this involves driving. Your ability to drive will significantly impacts the choices you make. Personal safety and the safety of those around you will be of paramount concern to you and that in turn will have a big impact on the options you choose. It is significant to consider how, as a senior, you will get around if you are no longer capable of driving or choose not to drive. So, it is imperative to figure out what transportation preferences are open to you like public transit or other transport services, while planning your move.
Added Benefits and Tax Credits
As mentioned, some provinces have special programs, added benefits, and tax credits for seniors who are making alterations to their homes. Look at these options carefully and set yourself a realistic budget that would work for you. Then compare and see if it is better to improve the home you’re currently in or should you look for a new place to move to enjoy your senior years.
Family and Friends
Many of us may take on a new role as we age - that of a caregiver to a partner or other family member. Discuss your housing plans with your family openly and make an effort to understand their wishes on the same. The more openly and caringly you speak with your family or caregiver, the more comfortable everyone involved in the process will be and the better your chances of being happier with your circumstances. Planning for your caregiving responsibility and being aware of community health assets can help you out in this new role. So, exploring where to get related home assistance and details can make things simpler for seniors. My job as an Accredited Senior Professional is to provide you with all the details that you need to make a decision that is the best option for you and your loved ones.