Baby boomers have retirement living options today. They no longer need to move in with a family member or relocate to a nursing home if they can’t live alone. Senior living options abound, so it’s a matter of finding the right one for each individual.
Aging in Place
Most seniors prefer to remain in their homes and age in place. They can modify their residences as their needs change and have help with certain tasks. This option allows seniors to retain their independence while having help when needed. Nevertheless, they must handle all household tasks and repairs or pay someone to complete them. This might be the most affordable option if the home is paid for. Seniors have to consider the modifications they must make to the house and the need for in-home care when deciding if this option meets their needs. If seniors can no longer live alone, they should consider moving to The Sarah Community.
Independent Living Communities
Independent living or retirement communities are geared toward individuals 55 and older. Housing options range from apartments and condos to single-family homes. Some communities rent properties, while others allow residents to purchase their homes. People who don’t need assistance with daily tasks find these communities perfectly meet their needs. They can socialize with their peers and remain active and engaged. The cost of a residence in an independent living community varies by the housing, services, and amenities. However, individuals who need help with daily tasks should consider other options because this help isn’t offered within the community. The other option they will have is to hire help to come in regularly.
Assisted Living
Assisted living communities benefit seniors who need help with activities of daily living. Staff members within these communities help residents with these activities but don’t typically offer assistance with medical tasks. In addition, they offer the services found in independent living communities. State and local agencies oversee these communities so families know their loved ones are in safe settings. Prices start in the thousands of dollars each month and vary by the room size, level of care provided, location, and amenities. A lower staff-to-resident ratio may increase the monthly price of assisted living.
Skilled Nursing Communities
Nursing homes have evolved over the years into skilled nursing communities. These communities provide medical care while offering amenities. They help residents with their medications and provide 24-hour supervision. Residents receive quality medical care on-site even if they have complex medical issues. Skilled nursing communities are licensed and regulated by state agencies so families know their loved ones are receiving the necessary care. A skilled nursing community costs more than other senior living communities because additional services are provided.
Respite Care
Seniors may move in with family members following surgery or a serious illness until they get back on their feet. They may also benefit from respite care in an assisted living or skilled nursing community. Caregivers might also consider this option when they need a break from their duties. These communities typically allow seniors to stay for a few days or weeks until the caregiver can resume their duties. Staff members can help residents around the clock, and the cost is reasonable. A senior may pay anywhere from $100 to $250 daily for this care. The location, care needed, and services determine the price. The length of stay and facility type also influence the cost.
Memory Care
Individuals with dementia need specialized care, and memory care communities are designed with them in mind. They have additional staff to supervise residents and security features to ensure residents don’t wander off and get hurt. The communities are outfitted with design features that help residents feel at ease moving around. Furthermore, staff members undergo specialized training to ensure they can help residents when they become agitated due to their illnesses. Memory care community costs are determined by the individual’s medical needs and the required care level. The community location also plays a role in the price.
Hospice
Seniors with terminal illnesses benefit from hospice care, which may be offered in their homes or a specialized facility. Hospice workers care for patients and strive to make their last days comfortable. They provide pain medication and other services that will treat the individual’s symptoms to improve their quality of life. The seniors can enjoy the time they have left while receiving medical, emotional, and spiritual support. Hospice costs are based on where the services are provided and the level of service.
Continuing-Care Communities
Continuing-care communities offer several levels of senior housing in one location. Some communities offer everything from independent living to memory care, while others focus on two or three levels of care. As a resident’s needs change, they can relocate within the community to a different unit rather than finding a new one. They will remain in familiar surroundings and have access to their social community. Some communities charge residents an entry fee and lower monthly payments. Other communities waive the entry fee and charge higher monthly fees.
Senior Cohousing
Senior cohousing is a rare option. Several individuals pool their money to build or purchase a housing complex where they support one another while maintaining separate housing. The residents plan and operate this community, and people of all ages are often welcome. The residents share responsibilities and costs while benefitting from companionship. Seniors who are downsizing may choose this option. The costs vary significantly when this option is selected.
Seniors should consider all options to find a community that meets their needs and will allow them to thrive. A community ideal for one senior family member may not be appropriate for another. Couples may also struggle to find a community they love, but it is out there. They just need to keep looking. It is best to start this search before senior housing is required to ensure the right selection. With housing options expanding regularly, a person can prepare for the future and have peace of mind knowing which step they will take next.
