“Since last year, the NAHB has seen a 30 percent increase in the number of its members seeking special training to help older clients who want to stay in their homes for as long as possible. Remodeling a house, is just one way to make that happen.”
The ultimate goal of aging in place is avoiding a move to an assisted living facility or a nursing home. For some people, it may mean staying in their current home or perhaps moving from a home with more than one level to a ranch with one level or an apartment building with an elevator. According to US News & World Report in the article “Tips to Help You Age in Place,” some seniors are moving to “granny houses”—tiny houses located in the backyard of their adult children’s home—or micro-unit housing—small studio apartments in buildings with common living rooms and kitchens.
Which one is right for you? Here are a few things to consider:
Physical safety. If you can’t manage the stairs anymore or if there’s no bathroom on your bedroom level, perhaps you should consider changing your situation.
Neighborhood. Do you love your community? If you have access to your friends, family and good medical care, that’s a good reason to stay in the vicinity.
Support Network. If you were to need assistance for a short period of time or in an emergency, are there people near you who can check on you on a regular basis or arrive quickly in a life-threatening situation?
Cost of Living. Sometimes this factor overrides many others. If you can afford to live in your own home and cover all your expenses, then staying in your home is an option. Remember, as you age, you’ll need different services and not all will be covered by Medicare or Social Security.
Even if you’ve got all these factors covered, you may still need to make changes to your home to make it safer and more comfortable. For instance, if you can’t reach items in cabinets, then move anything you use to a lower cabinet. If arthritis has made reaching for things difficult, then install grab bars and floor treads to avoid falling in slippery bathrooms. If you have a sunken living room, then install a ramp with a handrail, so you can continue to use the room, but can enter and exit safely.
Embrace technology, which makes keeping in touch with loved ones easy. Don’t be put off by the idea of a medical alert button so help can be summoned quickly. Consider installing a video camera in a frequently-used area of your home so a loved one can get a visual check on you every now and then.
You’ll need to make certain adaptations to age in place to ensure your safety.
For more information about estate planning in Orlando, FL (and throughout the rest of Central Florida), visit our estate planning website and be sure to subscribe to our complimentary estate planning e-newsletter while you are there.
Reference: US News & World Report (April 27, 2018) “Tips to Help You Age in Place”