What is the True Cost of Aging at Home?

apartment bedroom at buena vida estatesThe idea of staying in the comfort of our own home as we age often holds a certain appeal – after all, most of our homes are full of love and memories. However, what many fail to consider are the hidden costs and challenges that come with aging in place

Today, we’re shedding light on the true cost of staying at home and why a Continuing Care Retirement Community (CCRC) might just be the better choice for your golden years.

Healthcare Expenses

While your family home may seem cozy, the reality is that aging often brings an increased need for healthcare services. From medical appointments to specialized care, these expenses can quickly add up. 

In a CCRC, healthcare needs are conveniently integrated into the community, offering access to on-site medical facilities and trained professionals, potentially reducing healthcare costs in the long run.

Home Maintenance

The upkeep of a home becomes more challenging with age, both physically and financially. From property taxes to repairs and maintenance, the costs can become burdensome. In contrast, CCRCs offer maintenance-free living, allowing residents to say goodbye to the hassle of household chores and unexpected repair bills.

Isolation and Loneliness 

Aging at home can often lead to social isolation, particularly for those who live alone. This isolation can have detrimental effects on mental and emotional well-being. CCRCs provide a vibrant community atmosphere, fostering social connections and offering a variety of activities and events to keep residents engaged and connected.

Safety and Security

As we age, safety concerns become even more important. Living alone at home can pose risks, from falls to emergencies where help may not be readily available. CCRCs offer a secure environment with 24/7 security and emergency response systems, providing residents and their loved ones with peace of mind.

Future Care Needs

One of the most significant advantages of a CCRC is the continuum of care it offers. As residents’ needs evolve, they can seamlessly transition between independent living, assisted living, and skilled nursing care, ensuring that they receive the appropriate level of care without the stress of relocating to a new facility.

Why Choose a CCRC?

While the idea of aging at home may hold sentimental value, it’s essential to consider the true costs and challenges that come with it. A CCRC offers a comprehensive solution that addresses healthcare needs, promotes social engagement, prioritizes safety, and provides a continuum of care – all within a supportive community setting. 

Make the smart choice for your future well-being and consider the benefits of a CCRC today. To learn more about the specific offerings at Buena Vida Estates, give us a call or schedule a personal tour.

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Deciding on a Move to a CCRC (Continuing Care Retirement Community)

Moving to a retirement community is a financial decision that some people truly agonize about. While there are many life decisions we make that are also major financial commitments – like deciding to have children or moving to different parts of the globe – people don’t seem to worry about them quite as much as they do the decision to move to a CCRC.

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