Not Sure Where to Live When You Retire? 4 Paths to Consider

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Many seniors find it challenging to choose where to spend their golden years. It may feel stressful and unpredictable, while at other times exciting and energizing. Plus, emotions often run high, which can make it harder to settle on a decision. One way to manage this is to truly take stock of all your available options, from independent living centers to moving in with family, so you have all the information in front of you to make a decision you can live with. Research is helpful, but nothing will create a clear vision quite like going out and seeing firsthand the lifestyle that feels like the right fit.

How do you know what is the right choice for you? Here is a quick overview of what you can expect from some of the most common options available to seniors.

Choosing an independent living facility

Many seniors enjoy spending time with people who have similar interests, ages, hobbies and needs. At the same time, you want the privacy of your own space. Independent living facilities give you the best of both worlds. With their own apartments or rooms to return to, seniors can choose when and how to engage with their community. The organized activities and shared common spaces in these communities have been shown to make a substantial impact in the fight against senior isolation. With an independent living community, you have friends, social outings and recreational activities that help you stay social— but only when and where you want. As you plan to tour different communities, keep in mind that the average rent in Florida is $19,800 per year. Cost won’t be the only factor to consider as you check out the different communities, but this can help you winnow down your choices.

Living with a roommate

Renting out a room in your home is a great way to maximize your opportunity to age in place. Many seniors wish to live out their golden years in their own home, but safety can be a concern for those living alone. A roommate can help keep you safe simply by being there. If you slip, fall or experience physical distress, they can help. Plus, they can assist with the financial burden of living alone by contributing to rent, utilities and transportation costs. However, living with someone can be quite an adjustment, so it’s important to talk ahead of time about boundaries. For example, you would want to make sure all rules about shared spaces, like kitchens and bathrooms, are agreed upon ahead of time.

A safe and accessible home

For many seniors, it’s likely they will face some issue that makes their home unsafe— this is the number one reason seniors move, and honestly, many realize this when it is already too late. However, you can install or prepare modifications now to make your home safer in the future. One of the easiest modifications is to move your bedroom to the first floor.  Another easy and effective modification that also helps reduce the risk of falling is to install non-slip mats or flooring anywhere water can become a hazard. The best bet is to make your entire home slip and fall-proof. Remember, 87 percent of falls lead to bone fractures in people over 65— and the majority of these injuries happen right in the home. If you need help modifying your home, you could call in a local handyman. These pros charge $359 per project on average in Saint Johns.

Moving in with family

For seniors who have family that can take them in, moving in with children, grandchildren, siblings, or nieces and nephews can be a joyful way to spend your retirement. It’s a bittersweet process to leave behind your home and move in with family, but it can also be very rewarding. As hard as it may be, the key to success is honesty and boundaries. You have to ask your loved ones to let you know what they expect from you and you need to let them know about the needs, wants and habits that are important to your well-being. Living with family can be a powerful way to age safely and comfortably, while also enjoying time with the people you are about the most.

There are many options when it comes to making sure you have a comfortable, independent and affordable place to enjoy retirement. Plan ahead so you can be sure to wind up in a place you want, and that helps you live your best life. Contact a Real Estate Professional for local options in your area.

Article by Hazel Bridges