Fact: Seniors age in place! I like to think of senior housing as wherever we live!
According to the National Institutes of Health, over 93% of seniors over 65 live in the community. This leaves the rest of the population in a senior facility.
Almost half of all seniors age 85 and above live with family. Then 40% live alone. The average American is living longer and the quality of life is much improved from 20 years ago.
So, whether you decide to age in place or seek out a senior community, there are several things you should know about each one.
Aging in Place or With A Family Member:
Pros:
- Familiar Environment: Seniors can remain in a familiar and comfortable environment, which can contribute to emotional well-being.
- Independence: Allows for a high level of independence and autonomy in daily living activities.
- Community Connection: Maintains connections with neighbors, friends, and the local community.
- Cost Savings: Depending on the situation, it may be more cost-effective than moving to senior housing.
- Personalized Care: Customized care plans can be implemented to address specific needs.
- Sense of Control: Seniors can have more control over their daily routines and lifestyle choices.
- Emotional Well-Being: Familiar surroundings and independence can positively impact mental health.
- Employee Selection: Hiring home care is totally up to the individual.
Cons:
- Safety Concerns: Aging in place may pose safety risks, especially if the home is not modified for accessibility.
- Isolation: Seniors may experience social isolation, particularly if they live alone and have limited mobility.
- Limited Care Services: Access to certain healthcare and support services may be limited compared to senior housing.
- Home Maintenance: Homeownership comes with ongoing maintenance responsibilities, which may become challenging.
- Lack of Social Activities: Limited organized social activities compared to senior living communities.
- Potential Loneliness: Without regular social interactions, seniors may face feelings of loneliness and depression.
- Healthcare Access: Proximity to healthcare facilities and ease of access to medical services can be a concern.
Independent Living Communities:
These senior housing communities offer housing options for seniors who are still active and prefer a maintenance-free lifestyle.
Pros:
- Maintenance-free lifestyle.
- Social activities and amenities.
- Sense of community.
Cons:
- Limited healthcare services.
- Will not provide assistance with daily tasks
- Will not pick up someone if they fall. Calls 911 instead
Assisted Living Facilities:
Assisted living is suitable for seniors who need some assistance with daily activities but still want to maintain a level of independence.
Pros:
- Assistance with daily activities.
- Social engagement opportunities.
- 24/7 staff availability.
Cons:
- Costs may be higher than independent living.
- Limited medical services compared to skilled nursing.
- Huge waiting lists for the better facilities.
- May assist with falls.
Memory Care Communities:
Designed for seniors with Alzheimer's disease or other forms of dementia, memory care communities provide specialized care and support to ensure the safety and well-being of residents.
Pros:
- Specialized care for those with dementia.
- Secure environment.
- Trained staff for specific needs.
Cons:
- Higher costs due to specialized care.
- Limited independence for residents.
- Residents may be placed with others who are not in the same stage of dementia.
Continuing Care Retirement Communities (CCRCs):
CCRCs offer a range of housing options, from independent living to skilled nursing care, allowing seniors to transition seamlessly as their needs change over time.
Pros:
- Seamless transitions between care levels.
- Variety of amenities, including workshops
- Long-term planning for changing needs.
- Often has rehab services
Cons:
- Potentially high entrance fees.
- Monthly fees may be expensive.
55+ Communities:
These age-restricted communities cater exclusively to individuals aged 55 and older. They often provide amenities, social activities, and a sense of community for active retirees.
Pros:
- Age-specific community.
- Social and recreational activities.
- Maintenance-free living.
Cons:
- Limited diversity in age groups.
- Restrictions on younger visitors, however guests are allowed.
- The choice of how money is spent to increase value is limited.
Skilled Nursing Facilities:
For seniors with complex medical needs or those requiring around-the-clock care, skilled nursing facilities provide comprehensive medical care and rehabilitation services.
Pros:
- Comprehensive medical care.
- Rehabilitation services.
- 24/7 nursing care.
Cons:
- Reduced independence.
- Higher level of institutionalization.
- Potentially higher costs.
Overall, any of these choices are good alternatives to asking family members to step up. It takes an average of 32 people a week to take care of a resident. This is one of the reasons the cost is so high. And a bigger reason why family members burn out no matter how hard they try not to.
Facilities also must pay legal fees, insurance, and maintenance on large properties.
If you are seriously thinking about aging in place, get the Super-Ager's Starter Guide here and look at Chapter 2 on mobility because this truly determines where and how you will live.
If you’re thinking of moving this year, do your homework first. See this blog, When is The Right Time to Move in 2024.
