If your retirement age is approaching closer, you might be wondering about choosing the best places to retire. Retiring and choosing to stay in the state you live in can have its own benefits like stability, convenience, and a chance to stay close to your loved ones. Whether you wish to stay in the same place or move away, there are many choices to consider. Read on to learn about the best places to retire.
Types of places to retire
There are a number of retirement living options to choose from. These vary in styles, types, and amenities, and it can get overwhelming to select one. That is why we have put together some common choices, from houseboats to assisted living facilities.
Age-restricted communities
These communities are for seniors with a certain age limit. They are designed keeping in mind the needs of the senior population. For instance, people can opt for 55-plus adult retirement communities, wherein at least one resident on the property is aged over 55.
Houseboat
If you want a change of scenery, it is best to opt for a stationary or motorized houseboat. This can add a little adventure to retirement, but one must maintain caution if they have issues like sea sickness.
Continuing care retirement communities (CCRCs)
CCRCs provide seniors with a complete spectrum of lifestyle and health facilities, from skilled nursing care to assisted living in one place.
Independent living
It is designed for older people to want the best of both worlds, enjoying freedom with basic services like dining options and housekeeping.
Assisted living
Assisted living communities are for those who cannot live alone or independently. These facilities have a combination of residential housing and supportive services for those who need additional assistance with bathing, meals, and other tasks.
What to know about costs
When one is choosing a retirement living facility, one must consider all the costs involved. Depending on the kind of amenities one is looking for, the cost of places to retire will vary. Let’s take a closer look at some of the biggest factors that affect retirement living costs.
Location
The cost will vary as per the location. For instance, due to high cost of living in urban areas, facilities in these regions will be pricier as compared to those in rural areas.
Level of care
There are some basic principles, even though the specialized level of care differs in every facility. The amount of personal care a senior member needs will be frequently determined using a point system in these facilities. It includes bathing, clothing, mobility, memory care for patients, meal plans, and more.
Amenities
Retirement facilities provide a wide range of preferred amenities for senior residents to enjoy their stay. However, the facility’s type and number of amenities will also influence the final cost. For instance, if the community has a pool, gym, and an arts center, it will cost more when compared with a facility that does not have these amenities.
Type of accommodation
Regarding floor plans for retirement places, additional space, luxury bedrooms, and private apartments come at a premium price. Typically, a facility offers different floor plans at different price ranges. It is also possible to save money by sharing the space with a roommate.
A few things to consider
It is important to look for reviews about places to retire. This way you are more aware of what the facility has to offer. Here are some tips for finding the perfect community.
Read online reviews
Make sure you read customer reviews and testimonials that are genuine. Look out for staff appreciation stores and resident success stories left by the previous members.
Visit websites
Search online for the respective retirement living communities in the preferred location. The facility’s website will describe their services, amenities, enrichment programs, and available care.
Ask around
Ask family members and friends who have been through the process already. Their experience will help you gain detailed information on what to expect from a particular facility.
Everyone’s retirement circumstances are different, so ensure you choose a retirement living facility based on your unique needs. If you are in the early days of your retirement, chances are you won’t require extra attention or assistance. However, at a later stage, you may need someone for extra support. Therefore, the best way to decide on which facility to choose is to carefully consider your present and future needs. You can also read reviews about retirement homes and evaluate your daily activities to make a suitable decision.