Planning to move into a retirement home? What should you prioritise – the cost of the retirement home or the facilities offered?

October 10, 2022

Categories : Average cost of retirement home per month | Retirement homes

retirement homes cost

If you are a senior who is no longer constrained by work and family responsibilities, moving into a retirement home can be a great choice. Senior living communities are ideal for you – if you prefer a worry-free retirement lifestyle and want to stay physically active and socially engaged. These communities offer you a safe and comfortable living environment that you need to lead a happy and enjoyable retirement life. However, before you move into a retirement home, there are many decisions to be made such as the cost of the retirement communities and facilities. If you are wondering what should you prioritise – the retirement homes’ cost or the facilities offered, here are some useful tips for you: Analyse your budget Before you start looking for retirement homes, it is important to make proper financial planning. Create a plan and spend time with your spouse and family to decide how much money you can spend for a retirement home. Include all your fixed living expenses to create a practical financial plan. Know your needs: It is really important that you understand what your housing preferences are, what facilities and amenities you want and need, and how well the selected retirement homes can meet those wants and needs. When it comes to choosing a retirement home there are many factors that come into play and some of them are: Current mobility and accessibility needs Health concerns Proximity to family Opportunities to interact with others Home security Dining facilities Opportunities to pursue new interests and hobbies Amenities offered Most premium retirement homes are integrated with modern facilities such as a clubhouse, senior-friendly, swimming pool, library, restaurants, yoga deck, spa, and salon. You need to figure out which amenities are essential for you. List them out and see how much they cost and how they improve your quality of life. What should you prioritise – the cost of the retirement home or the facilities? Well, the simple answer to the question is that you must find the right balance between the two. Just going by the cost and denying yourself comforts during your retirement years will definitely not lead to a fulfilling retirement life. At the same time, going all out on amenities without worrying about the cost would not be financially prudent. Remember, the ideal retirement choice for you would be something that offers comfort and happiness within your budget. Besides the price of retirement homes, what should you look for in a senior living community? If you are looking for retirement homes in India, here is our buyers’ guide that helps you make an informed decision. To know more, you can get in touch with us at+918884555554.

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How to overcome retirement anxiety ?

July 30, 2022

Categories : Retirement Planning Tips

flats for senior citizens

Many seniors spend years picturing their ideal retirement. Some want to travel the world or pursue new hobbies whereas others want to simply enjoy the freedom to relax. But when they are no longer working, monotony can set in which can give rise to anxiety. If you are newly retired, here is a useful read on overcoming retirement anxiety: Adjust your attitude Instead of seeing retirement as the end of something, try to view it as the beginning of a new chapter in your life. This change in perspective can help you see different opportunities that retirement has to offer. Instead of dreading the thought of spending your days doing nothing, start looking forward to the days ahead with excitement and anticipation. With the right outlook, you can ensure that your golden years are some of the best years of your life. Acknowledge your emotions: It is normal for you to feel anxious, scared, or even unsure. The key is to not let these feelings take over and prevent you from enjoying your retirement. Instead, take a step back and evaluate your emotions. Why are you feeling anxious? What are you afraid of? Once you identify the root of your emotions, you can start to work on addressing them. For example, if you are anxious about a monotonous routine, start by planning out some activities that you enjoy. Create an exhaustive list of things you want to do. Set new goals By setting new goals you can give yourself a new sense of direction. There are many activities that you can pursue – you can start volunteering, take up a new hobby, or even start your own business. The important thing is to find something that makes you happy and gives you a sense of purpose. Establish a new routine Try to wake up at the same time each day and plan your day around regular activities. This can include things such as going for a walk, reading, or visiting friends. A well-structured day will help you overcome retirement anxiety. Strengthen your social network Staying socially connected can positively influence your mental well-being. Your social ties are linked to your jobs and when you retire, your social connections are abruptly cut short. It is essential that you make a point to stay in touch with your old friends and work colleagues even after your retirement. Also, beyond work, broaden your social network. Accept the things that you cannot change For some, the thought of not having to work anymore is freeing, but for others, it can be overwhelming. The key is to accept the things that you cannot change and focus on the things that you can. For example, you cannot change the fact that you are no longer working, but you can change how you spend your time. Make a list of all the things that you have been wanting to do but never had the time for. Then, start crossing them off your list. If you are feeling particularly anxious, talk to your doctor or a therapist. Move to retirement homes that promote active living If you are looking for flats for senior citizens, explore our senior living communities. We have an on-site maintenance team that takes care of housekeeping, laundry, daily meals, and maintenance of common areas leaving you free to enjoy your retirement years the way you want. Our communities have several communal spaces, including a clubhouse, dining area, and library where you can meet and socialise with fellow residents. Our monthly social calendar is filled with activities so that every day you have something to look forward to. To know the price of retirement homes, call us at +918884555554.  

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