Should You Move When You Retire or “Age in Place?”

As people age, they often share similar goals. They want to remain in their own homes for as long as possible, to maintain independence, and to rely on family and friends for assistance only when absolutely necessary. The concept of remaining in one’s own home throughout the aging process is known as aging in place. However, successful aging in place necessitates meticulous planning and consideration.

One of the most common reasons older adults decide to relocate is due to health concerns. Changes in health as people age can make living independently difficult, if not impossible. This frequently prompts families to consider safer and more secure options, such as relocating to a senior living facility. For many people, the most important question is whether they should relocate or age in place.

Consider Relocating

A study published in the Journal of the American Geriatrics Society by Geriatrics Healthcare Professionals* looked into how and why people frequently change their minds about aging in place. The study’s goal was to gain a better understanding of the factors that prompt older adults to reconsider their original plans for aging. The study identified several influences, including:

  • 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 key finding from the study? Over a 36-month period, nearly half of the older adults involved changed their minds about whether to continue aging in place.

When evaluating options, keep in mind that decisions about care and living arrangements frequently require the assistance of a family member. Having someone assist with research, coordinate services, or manage a move can make the process easier. Solo agers (those without immediate family support) may find that aging in place is a more practical way to maintain their independence.

Tips For Aging in Place

Several steps can be taken to make the home environment safer and more manageable for older adults. A room-by-room evaluation can help identify potential hazards and areas for improvement. Immediate safety concerns, such as tightening loose stair railings and improving lighting, should be addressed as a priority. Following that, more comprehensive changes can be made to ensure a safer living environment that encourages aging in place.

Concerns about the cost of home improvements are common. Fortunately, financial support may be available. State housing finance agencies, social services departments, community development organizations, and even federal programs frequently provide assistance or discounts to help with the cost of necessary repairs and safety updates.

Another important aspect of planning to age in place is determining how to pay for future care needs. Home-based services can be costly, tbutmay be less expensive than relocating to a residential facility. For example, an assisted living facility or a nursing home. Individuals’ ability to pay for care will be heavily influenced by their financial situation, eligibility for assistance programs, and the types of services they need.

Which Option is Best For You?

The best time to start planning for how to spend your retirement is before you need extensive care. Early planning allows individuals to make important decisions while they are still competent and proactive.

The first step is to look into available home-based care services in the area and compare their costs. Preparing ahead of time also allows homeowners to make changes to better meet their changing needs as they age in place.

It is also critical to consider any pre-existing health conditions. For example, diabetes and heart disease, which may impair mobility or self-care abilities in the long run. Consulting a healthcare provider can provide important information about how these illnesses may progress and affect future living arrangements.

Open communication with family members, friends, and caregivers is essential. Discussing the type and level of support required to successfully remain at home ensures that expectations are realistic and helps determine who can offer help when needed. It’s also a good idea to revisit the decision regularly, as personal needs and circumstances change.

Many older adults who want to maintain their independence and live in familiar surroundings will consider aging in place. However, achieving this goal necessitates careful planning, consideration of health and financial factors, and a willingness to adjust as needs change. Will you decide to stay at home, or move to a senior living community? Regardless, making informed decisions is necessary to help ensure your safety, comfort, and peace of mind in the years to come.

Check out this article from the National Institute on Aging to learn more.

*Source: Forbes, National Institute on Aging

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