Have you been trying to decide how to spend your golden years? Where you live has a huge impact on how you spend your time and the type of lifestyle you lead. So, before you make huge plans for your retirement, take a minute to consider what type of living environment is ideal for you.
Single-Family Homes
Many retirees enjoy the freedom that living in a single-family home provides. The best part is, if it’s feasible, you could invest some of your retirement funds into purchasing your dream home. If you’ve dreamt about living in a home with southern colonial architecture, do it! Prefer a more modern abode? There are plenty of options out there. Living in a single-family home gives you your own space, and allows you to remain as independent as possible. All you need to do is find an affordable option that fits your needs.
Retirement Community
If you prefer a slightly smaller space, but still like the idea of having a home that’s all yours, consider purchasing an apartment or condo in a retirement community. Retirement communities are designed for seniors who wish to stay independent at home for as long as possible. Also, you’ll find there are several benefits of residing in a senior community, including:
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You’re surrounded by other active, older adults who may have similar interests as you
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Apartments are often equipped with emergency response systems that make it easy for you to get help in the event of an accident or fall
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Many offer additional services such as weekly cleaning or laundry services
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Your lifestyle remains independent — many seniors residing in senior apartments drive, run their own errands, and own vehicles
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Many senior communities are located next to assisted living facilities so seniors recovering from illness, surgery, or accidents can recover close to home
Consider Living With a Roommate
It’s a lot easier to fully enjoy your retirement years when you have someone to spend your time with. If you don’t have a spouse or partner, you should consider living with a roommate. Ideally, the roommate you choose should be a close friend or family member, such as a sibling or cousin. You should also make sure you choose someone who is as independent as you are and is capable of paying for his or her share of the monthly living expenses. Beyond that, make sure the roommate you choose is someone you trust, get along with, and has similar interests as you.
Consider Living With Your Children
While many seniors don’t like the idea of living with their children or having their children move back into the home with them, it’s an affordable housing option — and, if planned correctly, it can have several benefits, including
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You’re surrounded by loved ones
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You may be able to spend more time with your grandkids
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You remain independent but have people there to assist you if needed
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If your children live a busy lifestyle, you can help them out by completing chores or cooking dinner
Of course, you also need your privacy and independence, and lines can get blurry when you live with your children and grand-children. Be sure to set limits on your time and overall expectations before you decide to share a living space.
Ultimately, you need to choose a living arrangement that suits your overall needs, is within your budget, and lets you lead a lifestyle that keeps you happy. This way it’s easier for you to lead a happy, active lifestyle for as long as physically possible.
Understated design home
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