Showing posts with label Retirement Community. Show all posts
Showing posts with label Retirement Community. Show all posts

Friday, February 24, 2012

Transforming Neighborhoods into Retirement Communities

Some people find the idea of moving to another home once they retire attractive, but the majority would prefer to keep living in their familiar neighborhood among people they have come to know. If you and a number of your neighbors are approaching retirement, then you may be able to convert your area into a retirement village, obviating the need to move to assisted living or retirement communities.

Isolation Leads to Unpalatable Decisions

Aging is a daunting prospect for anyone, no matter what their financial or social circumstance. Many retirees find themselves almost forced into moving out of beloved homes that they have spent decades in, especially if they are single or have no family living close by. The reason most seniors give for moving out is that they will be unable to perform the daily errands required to maintain their household.

Growing old implies a loss of independence, and this engenders a resistance to asking for help. No one wants to burden younger family members and friends with responsibility for their daily existence. An attractive option would be to hire someone to perform all these necessary errands for you. Someone who can take you to the doctor or hospital, who buys your groceries, performs simple household repairs, and assists you in bank transactions.

Unfortunately not everyone can afford to hire a personal assistant. But consider another option, one that several communities across the United States have adopted. What if you could create an infrastructure that pools the resources of a group of retirees and hire an assistant to cater to all their needs?

Facing the Challenges Together

Communities such as Beacon Hill Village in Boston have shown the way. By pooling the energies of a group of resourceful individuals, they have created a model for transforming a neighborhood into a perfect place to grow old in. The creation of such an environment is not a haphazard affair, and should be sustainable to ensure continuing support for member as long as they need it.

The initial step is to create a core group or board of directors. Someone must be responsible for running the organization and overseeing day to day activities. Creating this foundation is not really as difficult as it seems, but it is important to get the correct information about how to start. The first steps should be getting information on how this was done in other areas, and asking about local governmental regulations which may help or hinder your efforts.

The financial aspect of the organization must be solid if it is to last. The most basic funding will of course come from membership fees. If you are starting from a small group, then you will need to identify service providers in the area that you can partner with. Marketing will be important in order to attract more members and encourage more commercial partners. Locating additional funding, from both private and government entities may also be an option.

Keeping the Family Together

Of key importance to this process is the network of relationships that it builds on. A burden for one can be lighter if shared among many. Volunteer assistance from younger family or neighbors should be encouraged, but foundation should never be completely dependent on them. Retirement communities home grown from neighborhoods are no longer an impossible dream, with the proper planning and management, you can stay in the place you love without sacrificing your dignity or security.

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Wednesday, February 15, 2012

Choosing Your Retirement Community

There are retirement communities where the elderly can live comfortably. With so many retirement communities claiming to be better than other facilities, how can you make sure that you have made the correct decision?

There are different things that you should know before moving or purchasing a home or anything in retirement communities.

• Know your needs. Knowing what you actually need in your life, and daily schedule like meals, medicine intake and other things. Other services offered in retirement communities would be bathing and taking care of the financial status of the elderly.

• Choose a retirement community closest to your own lifestyle. If you are physically fit and adventurous, having a retirement community that would address this will keep the elderly involved with activities.

• Consider your finance. Retiring in a retirement community is not cheap. There are fees to pay upon entering the community. The amount that you would have to pay of course relies on the size and location of the retirement home chosen to be purchased.

The average price range for entering a retirement community would be around $20,000 to $200,000. Monthly fees would be around $2,000. The monthly fees change sometimes since there may be extra charges for medical services provided.

Do not simply choose the least expensive retirement community. The facilities offered and your health and welfare is more important to poring too much over the fees. There are options, you can find a good community with reasonable fees.

When choosing your retirement community, it is important to check referrals. Some retirement communities may appear great in brochures and websites, but the best testimony and referrals can come from friends and family members.

When browsing the internet for some retirement communities, there are websites that have first-hand reviews and testimonials. There are also websites that rate the retirement communities.

There are a lot of retirement communities, it would be best to visit several places before making the decision. When visiting a retirement community, get the “feel” of the place. You can start some conversations with some residents to get any feedbacks about the community.

There are retirement communities who have policies about pets. Most of the times, it is concerned with the size. It is important to ask policies about this. Also, do not be shy on asking about having guests. If you will have children and grandchildren visiting, it would be great if they could stay with you.

When choosing a retirement community, check if the community that you want to get into has affiliations with assisted living and nursing facility. There are Continuing Care Retirement Communities, where you can stay for your lifetime. You can consider staying in this kind of community since this would be more comfortable for the elderly.

A simple question and answer will help you know and decide if this is the retirement community you would like to retire to. Here are some questions:

1. Do the grounds, lobbies, offices and common areas appear well maintained and attractive?

2. What activities does the community offer? Does the list include activities of interest to you?

3. Are residents out and about, using the community’s facilities and interacting with each other and with the staff?

4. Do residents appear happy, friendly, and outgoing?

5. Is the community near, or affiliated with, a medical center?

6. Does the community provide easy access to shopping, cultural, and recreational activities?

7. Are the amenities that are most important to you (e.g., fitness center, dining room, crafts studio, computers, library) available on site?

8. Does the community offer transportation services?

9. Most important of all, does the retirement community feel like home to you?

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Choosing Retirement Communities

If you're a senior and you still want to have the same independence of owning a home plus the benefit of being part of a community then its time you consider retirement communities. But do note that not all of these communities are the same so take you're time to get information about them before settling in.

Important Facts

Nowadays, the trend is that children are starting to care for their aging parents and there are certain communities made for retirement that don't necessarily require a person to be retired to live in it. Because of this, the term 'retirement community' seems misleading. Most communities now accept residents of a certain age that don't work full-time but they can work part-time. Today, different communities now require different terms of residency. Some communities don't allow a retiree's grandchild to live with them. There are also others who have community rules for other housing developments like how lawns should be taken care of, parking and care for pets.

These communities are essentially housing developments that are especially made for seniors and their needs. The homes in a community are usually single level with a small area and have less bedrooms. What makes every community different from another is location, activities and amenities. These are the factors that a senior should keep in mind before choosing the right community.

The Perfect Spot

Communities designed for seniors can be usually found in mid to large-sized cities such as Florida, Nevada and Arizona. All of which are popular retirement areas especially since the climates here are milder and there is a low cost of living. Now that the population of the country is getting older there are other cities that are now building specialized communities for seniors. You will often find these communities close to health centers, public transportation areas and establishments like libraries or museums. Aside from these, you can also find these communities near health establishments, boutiques and parks.

What to Do

The second factor before considering a community are activities planned for the residents. Some of these activities may include theater, museum, concert and art exhibits where organizers can get in group discounted rates. Other activities that might interest seniors are bible study, book clubs, charity dinners, among others. Not everyone is required to take part in the activities but a lot of seniors enjoy socializing with others in big groups without having to organize it themselves.

Extra Perks

Aside from these two previous factors another factor worth considering in choosing a community to retire in are amenities. Some of these extra perks include memberships in a golf or marina club which includes homeownership, special privileges in a clubhouse, maintenance like housekeeping and landscaping and lastly, extra security in the area.

But since these extra perks are made for active seniors the only setback here is that there is less on demand health services. So if you're a senior that needs special care or additional therapy you can consider getting outside assistance or look for a community that takes care of your needs like those offering adult day care.
Making the Choice

There is no one great community that can satisfy all the needs of every senior. Shortlist retirement communities that fits your lifestyle and your needs and before finally picking one from the list, make sure to do a background check first.

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