Retirement Residences versus Aging at Home: Comparing Costs

1. Retirement Residences versus Aging at Home: Comparing Costs The cost of retirement residences is often perceived as expensive. The majority of older adults think that they can’t afford retirement homes. On the other hand, aging at home comes with a large number of additional costs, hidden costs, and hard to avoid expenses that you have to pay on a recurring basis. However, during the ‘more time and less money’ phase of life, it is important to make a wise decision. Here is a comparison guide to find out the most cost- effective place for aging during the golden years of your life. Balanced diet expenses: At a retirement residence, nutrition experts will serve you a balanced diet, which is quite a costly and painful activity if you opt to do the grocery shopping all by yourself. Just imaging the hard work and struggle of steering the shopping cart around the aisle. 24/7 Life-saving service subscription:Whenever you need an emergency response you can get one at a retirement community. However, subscription for such services at home living is relatively expensive in most states.

2. Cost of private care: Retirement communities are an economical choice when it comes to flexible private care. Hiring an employee who can be flexible enough to supplement your care needs whenever needed is comparingly expensive at home living. Home maintenance: When living at home, you have to pay for house repairs and maintenance, which is not all needed at retirement homes. Cost of safety and peace: Apart from the budget, you will need to step out of the house, drive, and socialize with your friends, you will constantly be worrying about your safety if you opt for home living. Conclusion Budgeting the care, you’ll need is a tough decision. Additionally, some can’t give up the feeling of home but the costs associated with home living and hiring a full-time care aide are far more as compared to retirement residences. Wesley Enhanced Living is a suitable option that fits your budget and assures you quality care. Visit the website to request information or schedule a tour to avail the care you need during the golden years of your life.