As people age, they often share the same goals. They want to stay in their own homes for as long as possible, allowing them to maintain their independence. Aging in place is the concept that retirees should remain in their own homes as they age. However, being able to age in place successfully requires careful planning and thoughtful consideration.
Concerns about health are one of the main reasons retirees people often choose to move. As people age, changes in their health can make it difficult or even impossible for them to live independently. This often prompts them to consider safer and more secure options, such as moving to a senior living facility. “Should I move or age in place?” is often the most important question for many people approaching retirement.
Consider Relocating
Geriatric Healthcare Professionals* conducted a study that was published in the Journal of the American Geriatrics Society. The study examined the factors influencing and motivations behind people’s decisions to remain in their own homes as they age. The study aimed to gain a deeper understanding of the factors that influence older adults’ changing perspectives on how they wish to live as they age. In the end, they pinned down a number of factors, such as:
- Personal health experiences, such as a sudden stroke or the diagnosis of a chronic illness.
- Health experiences of loved ones, like a spouse’s diagnosis or an unexpected medical event.
- The influence of those around them, including discussions with family members and observing friends who have made similar decisions.
One important thing the study found? Over the course of 36 months, almost half of the older people who were involved changed their minds about staying in their own homes as they aged.
When considering your options, remember that making decisions about retirement and where to live often requires the assistance of a family member. It can be easier if you have someone help you with research, organize services, or handle a move. Aging in place may be a better way, for those of us who don’t have immediate family support.
Tips For Aging in Place
Several things can be done to help retirees feel safer and more comfortable in their own homes even as they age. A room-by-room inspection can help identify potential hazards and areas for improvement. As soon as possible, safety issues should be addressed, such as fixing loose stair railings and improving the lighting. After that, bigger changes can be made to make the area safer and encourage people to stay in their own homes as they age.
Many people worry about the cost of home improvements. Luckily, financial help may be available. There are numerous state housing finance agencies, social services departments, community development organizations, and even federal programs that can help cover the costs of repairs and safety updates that are needed.
Determining how to pay for future care needs is another crucial aspect of planning to age in place. Home-based services can be pricey, yes. However, they may be more cost-effective than moving into a residential facility, such as a nursing home or an assisted living facility. The types of services a person needs, their financial situation, and their eligibility for help programs will all have a big impact on their ability to pay for care.
Which Option is Best For You?
I’s best to start planning how you will spend your retirement before you’re at the point where you require extensive care. Planning ahead gives you time to do the proper research and make informed choices.
First, find out what home-based care services are in the area and compare their prices. Homeowners can also make changes ahead of time to better meet their needs in the future as they age in place.
It is also important to consider any existing health issues the person may have. For instance, diabetes and heart disease can make it harder to move around or take care of yourself over time. Talking to a doctor can help you understand how these illnesses may worsen and how they might impact your future living arrangements.
It’s essential to communicate openly with family, friends, and caregivers. Discussing the type and amount of help needed to stay at home ensures that expectations are reasonable and helps determine who can help when it’s needed. Additionally, it’s wise to reconsider the choice periodically, as needs and situations evolve over time.
Aging in place is an option for many older people who want to stay independent and live in a place they are familiar with. To reach this goal, though, you need to carefully plan, think about your health and finances, and be ready to make changes as your needs change. Are you going to stay at home throughout retirement, or move away to a senior living community? Regardless, you need to make informed choices for your future. This will hopefully help keep you safe, comfortable, and at ease in the years to come.
Check out this article from the National Institute on Aging to learn more.
*Source: Forbes, National Institute on Aging
