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There are numerous types of senior living facilities, including independent living and assisted living communities.
As the Baby Boomers age, the number of seniors is expected to increase significantly. It is already proving difficult for the eldercare industry to construct enough brick-and-mortar senior housing units due to the lack of skilled and experienced staff.
Few seniors have ever been thrilled with the idea of moving into a facility.
In the past couple of years, there has been a massive increase in the number of housing options that allow seniors to live in their own homes. These types of units provide the security and safety that they need in their later years.
While there are many types of senior housing options to choose from, finding the perfect option for your loved one can be a long process. Below are some surprising housing options to consider.
If you're thinking about selling your home, consider making it a safer and more comfortable place. Some homes can be made more secure by moving a bedroom or a bathroom. A home care agency can help seniors stay in their homes while they still have plenty of time left. This living arrangement is known as aging in place.
Personal care workers can help seniors stay in their homes while they're still able to perform various tasks. Some agencies also offer skilled care, such as helping people with taking medication, cleaning, and cooking. Others may perform errands and take clients to their medical appointments.
If you're not ready to live with a family member, consider letting someone else live in your home. It's similar to having a home-sharing agreement with a spouse. If you're a senior living in a home, house-sharing could be a great option for you. It could mean lower monthly bills and more time with family.
This is a great option for those that want to remain in their home. They can get the same financial benefits as moving in with family without all of the complicated aspects that come with it. A lease contract should always be drafted before allowing a roommate to move in.
Moving in with a child can be a win-win situation. It can save both parties money and provide them with some added perks. While busy parents may end up with a nanny, seniors may benefit from a household that's active and sociable. Before you start, make sure everyone knows what they expect from the arrangements. Make agreements about personal space, communal spaces, and sharing of the bills.
Independent living communities can be called retirement communities, senior housing, or active adult communities. They can also be equipped with various amenities such as on-site dining facilities and golf courses. While retirement communities are typically associated with sprawling suburbs, there are also opportunities for people to remain in cities if they prefer. Old schools and hospitals are often turned into senior housing.
Several federal programs help lower or stabilize the rent of seniors. However, many of these programs can be complex to navigate. Each may have a separate set of rules and eligibility criteria needing to be met during the application process. For many seniors, this option can seem too complicated and daunting to undertake.
Even if you think you won't need subsidized housing until far in the future, experts suggest getting the application underway as soon as possible. Many of the programs have long waiting lists.
This type of senior housing is ideal for people who are already living in retirement communities. They can also form a village with their neighbors. The villagers are responsible for providing various services to their neighbors.
A non-profit organization is formed by people who live in the village and are looking for ways to improve their quality of life. Some of these include buying food, cleaning, and grocery shopping. Villages are places where seniors can stay in their homes. This is also beneficial for them as they can still live in their communities.
Although many older adults may eventually choose to stay in their homes, there are many great senior housing options to consider. Also, plenty of senior communities can provide the support they need to live a fulfilling, independent life during their golden years.
Then, use this overview of the 7 most common senior housing options to help you focus on the types of housing that will most likely suit their care needs and budget. We explain what each type of housing is, who would benefit from it, how it works, and the relative cost. From our partner. 1. Aging in place.
Senior Co-Housing; Senior co-housing is away active older adults can gain the benefits of community living but on a smaller scale. Co-housing is more like living on a commune or a co-op, where residents have independent homes but also benefit from shared spaces like gardens and recreation facilities. There are generally some housekeeping duties ...