Questions To Ask Yourself For An “Aging In Place” Retirement - PowerPoint PPT Presentation

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Questions To Ask Yourself For An “Aging In Place” Retirement

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Planning for your retirement need not be a daunting prospect and in fact, if you look at it as planning for your future, it can provide a certain level of “peace of mind”, knowing you have a solid plan in place. Many of our clients have lived in their homes for 10-30+ years or more and they have come to realize that they not only have a financial investment in their home, but an emotional investment as well. This emotional Investment can be priceless to an aging home owner. The amount of memories and positive milestones created and realized within the home can bring an aging senior a great amount of comfort and ease to fall back on in their later years. – PowerPoint PPT presentation

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Title: Questions To Ask Yourself For An “Aging In Place” Retirement


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Questions To Ask Yourself For An Aging In Place
Retirement
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(No Transcript)
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  • Planning for your retirement need not be a
    daunting prospect and in fact, if you look at it
    as planning for your future, it can provide a
    certain level of peace of mind, knowing you
    have a solid plan in place. Many of our clients
    have lived in their homes for 10-30 years or
    more and they have come to realize that they not
    only have a financial investment in their home,
    but an emotional investment as well. This
    emotional Investment can be priceless to an aging
    home owner. The amount of memories and positive
    milestones created and realized within the home
    can bring an aging senior a great amount of
    comfort and ease to fall back on in their later
    years.

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  • However, there are some important items to
    address and be aware of if an aging senior wishes
    to remain in the house that they love. Listed
    below is a basic guide to the kinds of questions
    you should be asking yourself when planning to
    age in place in your home, during your retirement
    years

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  • 1. Is it realistic to continue living in your
    home?
  • Like many millions of senior citizens in
    Pennsylvania today, you may wish to remain in
    your own home when you retire, but there are many
    factors you will need to consider as you look
    into your own future
  • If your health declines, are you still going to
    be able to move around the home?
  • Will you be able to maintain your home, from
    organizing and cleaning to gardening?

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  • Some aspects of your home may not conform to
    aging and your safety needs could this be an
    issue? Can it be addressed?
  • Can you adhere to your medication schedule
    yourself, or will you need to be assisted by a
    healthcare professional?
  • Can you cook safely for yourself, and prepare
    healthy, nutritious meals?

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  • 2. Can I maintain a social life and keep active?
  • Are you able to keep active during the day, if
    not at home, then in a nearby sports hall or
    community centre?
  • If you have no friends near your home, are
    there places to meet other senior citizens and
    socialize?

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  • 3. Will I be able to manage my finances
    independently?
  • Do you pay bills on time and know how much you
    spend on utility bills each week or month?
  • If you havent already assigned a family member
    to make important financial decisions on your
    behalf, is there someone that you can empower?
  • Can that person access certain financial
    information of yours, such as assets, deeds and
    account information, should they need to?
  • Do you have a current and updated will?

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  • 4. Will I still be able to drive, or should I
    rely on family and friends?
  • If you have a car, is it in your interests to
    keep it how regularly do you use it and how safe
    are you? If youve had accidents recently, are
    not confident driving or cannot afford to
    maintain a vehicle, you may want to consider
    using public transport.
  • Are there regular public transport services
    that you can access easily and affordably?

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  • 5. Do you have adult children to help you when in
    need?
  • If youve lived alone, you may enjoy your
    privacy and will need to consider who will be
    able to assist you if you have a temporary issue?
  • How much will you have to depend on your
    children for different aspects of your life, from
    transport to personal care?
  • How often will your adult children need a break
    from their care giving?

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  • If you choose to have personal or medical care
    at home from an agency like BrightStar, will this
    be acceptable to your children and how will you
    pay for care?
  • Do your children live close to your home, and
    will they be able to help in emergency situations?

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  • 6. Have you researched nursing homes or assisted
    living options?
  • If you do choose this type of care, can you be
    sure that they are able to provide you with the
    right level of care?, and if your health
    deteriorates, can they support you fully and
    provide the attention you require?
  • Can you afford their fees?
  • The National median cost for a Pennsylvania
    assisted living room is 43,200 a year.

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  • The annual cost for a private room in a
    Pennsylvania nursing home is 113,150
  • How would such a move affect your familys
    schedule and travel time to you?
  • The above items are just a few of the topics that
    should be considered regarding your aging in
    place needs. If you have questions, we would be
    happy to discuss this topic in more detailed
    manner with you.

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  • BrightStar Care is a well-known Bucks County PA
    home care provider. We provide homecare,
    including Alzheimers, elder care, long term
    care, childcare. We also provide medical staffing
    solutions in Lower Bucks County, PA. We have
    developed an impeccable reputation throughout
    Bucks and Montgomery County for exceptional
    service and value. If you have any questions
    regarding aging in place for you or a loved one,
    we would be happy to speak with you and answer
    any questions you may have. If you are looking
    for professional caregivers in Bucks County, PA,
    contact us at 215.750.8802. We would be happy to
    assist you and your family. - Brian
    Fitzpatrick/Owner of Bucks and Montgomery County
    BrightStar Care.
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