Whether you are nearing, at, or past retirement age, you may be wondering about your immediate future. Will you age at home or move to an independent living community?
Considering retirement living in Lowell, AR is a major undertaking, there can be little doubt. You likely won’t move back to your house again once you move out of it for a retirement community. In all likelihood, you will sell your house or pass it along to a family member who will move in. There are expenses to consider, like the buy-in at a retirement community, moving expenses, and more.
If you’re trying to make a decision about your future, many financial, physical, and emotional aspects must be considered.
Buy-Ins and Costs that Are Ongoing
If you decide to age at home, there is, obviously, no buy-in. You will, however, have to pay rent, HOA fees, and/or a mortgage, in all likelihood. You can add property taxes to that in most cases. Then there’s home maintenance, taxes, insurance, in-home healthcare (if and when you need it), repairs/replacements, groceries, utilities, upkeep … The list goes on and on where recurring costs are concerned in your own home.
Another cost you may have to consider, if you decide to age at home, is hiring contractors to add special features to your residence. You’ll need wider doorways and hallways, walk-in tubs, interior chairlifts, exterior ramps, and other universal design elements. You have to face it – aging frequently brings on at least some level of mobility loss and more difficulty with weight bearing, stretching, and bending. You also can’t ignore the possibility of cognitive, sensory, and physical impairments.
After the buy-in at a quality retirement community, and the monthly fee associated with your residence, you should be covered. Some places charge extra for activities and events – but not all. Find a retirement community that has abundant amenities included in their fee.
Maintenance, Housekeeping, and More
Let’s look at aging at home. Not only do you have the cost of car maintenance, but gas must be considered. If you can’t drive anymore, you’ll need to hire someone. As far as household maintenance and cleaning is concerned, it can be very taxing if not impossible to keep up after a certain point in life. What about lawn work? If you have a lawn, someone has to care for it.
In the right retirement community, complimentary transportation, maintenance, housekeeping, and grounds maintenance are all part of the package. All you have to do is enjoy retirement in style.
Enjoying Life with Others
Where a social life is concerned – which is very important in your golden years – when living at home, you’ll have to make plans with others. Someone’s going to have to drive you to either someone else’s house or meet at a restaurant, theater, museum, etc. It’s a bit of a pain trying to get everybody together and organize an event, as well.
In an independent living community, there are numerous activities, events, programs, and more in which to participate and socialize. Pick and choose as you like.
Enjoy Retirement Living in Style
You will finally get the opportunity to retire in style, courtesy of our Independent Living community. No more cutting the lawn, no more household repairs, and no more heavy housekeeping. You’ll have time to participate in health and fitness programs, take trips into town (with complimentary transportation), attend regularly scheduled activities and events, and so much more. Contact our retirement community today.
