Should I stay or should I go?
I hear singing in my head from this old song. As we get older, the question takes on a new meaning, doesn’t it. Many seniors are extremely comfortable in their homes. Maybe too comfortable. The old neighborhood may not be as quiet or as afe as it used to be. The house and yard are now a huge challenge to maintain rather than an enjoyable Saturday afternoon job on the to-do list. The “designated driver” also takes on a new meaning as seniors and their friends begin to give up driving. Social isolation can begin to have detrimental effects on one’s health.
So what might “going” look like? There are many options today for seniors who decide to sell their homes and move to senior settings. Traditional retirement communities offering meals, transportation and social activities are available in almost every small and large town in the US and offer resort-style amenities and properties. There are also a growing number of 55+ or 60+ neighborhoods, developments and apartment communities catering to the lifestyle of seniors. We love our grandchildren but who wants to live in an apartment below a foursome of college students! As health needs change, assisted living communities may become the entry point for the senior needing more help with activities of daily living. You can rent, you can buy, you can invest or you can move in with your kids. The choices are vast.
As Baby Boomers becoming seniors, we are in the fortunate position that we are the fasted growing segment of the US population. Developers and community owners want our business and are becoming creative and competitive in their offerings to seniors. For assistance in exploring your options and finding the right new home for the next adventure of your life, click here to contact our team of advisers.