Tuesday, March 12, 2013

Why Should Baby Boomers Leave Home?

The retiring of baby boomers officially started in January 2012. Ten thousand baby boomers turn 65 everyday according to the US Census Bureau. A person can still receive minor benefits by certain companies even at the age of 55. A concern of seniors today is their living arrangements.
As adults grow into the senior stage, concerns for living arrangements are at the top of the list as something to plan for and transition into. Lots of options are available. Assisted living or independent living are good options if nursing home care is not needed. Both offer a number of benefits. Although most are aware of traditional senior housing, many are not aware of this next type of senior living. It is the development of retirement villages, which have increased over the past decade.
They have much to offer. There are 2 differences between traditional housing and these villages. It is a cost effective option. Most retirement communities charge a hefty entrance fee, plus a monthly fee on top of it. Retirement villages typically charge an annual fee which can be afforded by most.
Another difference is that the senior remains in their same home longer than in a traditional retirement community. This is possible because the services that a senior would need at the various stages of retirement are brought to the community, rather than the senior leaving their community to join a new one.
As with other senior housing options, active and social lifestyles still exist. Just as much effort for planned social events go into village living.
The only downside to remember is that seniors are still responsible for caring for the home as they are still managing the responsibility of owning a home. Help, of course, can be hired.
With all that is offered in senior village living, it has become a preferred choice by seniors. Now lower income seniors can have more luxuries than were previously afforded. With entrance fees averaging over 100,000 with retirement housing, it was often not on the list for many. These villages now make the playing ground a lot more even for those wanting to live an active and happy retirement.
It really comes down to personal lifestyle and choice. Information is criticial. Once a senior has the full knowledge of all that is available to them, it will be easier to make the best decision on living arrangements. Now, seniors are being offered the retirement they deserve.

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