Retirees Living in Assisted Living

Now that I have lived for several months at Assisted Living and hearing better, I have had a chance to visit with a number of the residents.

I thought everyone living here had some kind of medical condition that required assistance. There are a number of senior single & married couples that have no health problems requiring daily assistance and have cars that they can still drive well. They just got tired of cooking for themselves, doing home maintenance, paying property taxes.

They sold their homes and live on the interest from the proceeds plus their Social Security and any pension benefits. They participate in the scheduled social activities that are provided by the facility.

They all say that they are aware that because of their age they will no doubt develop medical problems that require assistance and living here would not require moving.

So I guess it's not just me that was looking ahead.

Comments for Retirees Living in Assisted Living

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Plan so you have control over your choice
by: Michael D. Bell, REALTOR®, Venice Florida

Each person's situation is different. I did a similar thing when I retired early and looked for a new home.

My home is in a community where the yard work and most of the exterior maintenance is handled by our homeowner's association. But, my spouse and I still enjoy the single-family home lifestyle.

I expect that I will live here until I die (unless I buy a different home) since most of my relatives who have lived later in life simply stayed in their own homes. But, of course, they had the luxury of nearby family and friends who could be depended on when needed.

As a real estate agent here in Venice, Florida, I deal with all types of customers with different living needs. So, some want only single-family homes. Others want a condo. Some need a handicap-accessible home. But, always a great idea to plan ahead.

It is less stressful when you have control over your choice of where you want to live. And, your family will feel less guilty that they have stuck you in a place where you don't want to be. Even if you don't anticipate needing an assisted living facility, it's a good idea to discuss it with your family ahead of time should the situation arise.

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