Thursday, March 15, 2012

Getting into a retirement home

The decision to move to a retirement home is not really an easy one. There are so many aspects for you to consider. Speak with your family and ensure that they are comfortable with your decision to go to any of the Ottawa retirement homes. It may be too much for them to absorb, but they will come around. The first thing you need to consider is the affordability of the place you are considering.

Look through the financials that you have been given and work out whether it will fit in your budget. Now that you have retired, look into all of your sources of income and see whether you can sustain the costs over a long period of time. In many cases, Old Age Security may be your only source of income and therefore you need to take all of these aspects into consideration, before you enroll in a home.

You and your spouse may be at different places when it comes to health.

Check with the authorities at the home and look into their medical facilities and ascertain whether they will be able to look after your needs. Depending on your eligibility you may be able to get yourself some government-sponsored support services. These are generally given to those who stay in retirement homes as well.

One aspect you could consider is downsizing your housing. You could consider moving from your independent home to a condo. This will give you more financial independence to pay for the service of living in a home. As someone who is growing old, you may even have some long term needs that need to be taken care of. For such necessities, it would be a good idea to find a place in a government-monitored long-term care facility. Such places are created to provide a much better level of care than regular retirement homes.

You could even consider living in one of the many retirement communities around.

This will give you the advantage of having like-minded company around you as well. The facilities provided will be in keeping with senior citizens and you do not have to worry about being too slow, or on a wheelchair and having to look after that diabetic problem. All of these issues are dealt with easily.

Research is the key to finding the right place for you. Take the help of youngsters in the family and also try and visit the place yourself once, before you decide to move in.
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Source: http://lifestyle.ezinemark.com/getting-into-a-retirement-home-7d34b859a4b6.html

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