Are you planning to age in place — meaning you want to live in your own home and avoid the need to move to an assisted living facility? Ageing in your home — where you have perhaps lived for decades — may be the ideal, but it does take planning.
Ageing is a natural part of life, a voyage everyone is on. Like any other journey, it requires preparation, guidance, and support. Yet too many people delay or avoid planning altogether. Ageing can be an adventure, but it does not have to be like swashbuckling through a mysterious jungle. Here are some tips that can help you navigate your senior years with confidence and grace and a little home care.
Are you an older adult living on your own without a spouse, partner, or adult children nearby? If so, you are a solo ager – and, to put an ironic twist on it, you are not alone! The Australian Bureau of Statistics estimated that most older Australians (94.8%) were living in households in 2015, while one in twenty (5.2%) lived in cared accommodation such as nursing homes and aged care hostels. Over one-quarter (26.8%) of all older people lived alone.
Right at Home, Australia's Quality Home Care Provider, shares information about retirement planning. Our retirement dreams might include travel, hobbies, spending more time with family, or having time for all those other things we have always wanted to do. So, we carefully budget for our basic expenses, as well as all those nice extras. And the earlier we start saving, the better.
When older Australians downsize from their larger homes, letting go of long-time belongings can be a daunting task.
The impact of the changing age demographics in Australia will be felt across the whole economy but no greater than in the retirement village industry.
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