Am I Ready?
Making the Decision to Move
You’ve considered the lifestyle offered by retirement communities, visited several, studied the sales literature and discussed the pros and cons with others whose opinions you value…but a voice in the back of your mind still says, “I’m not ready for that yet” Whenever you say or think this, the very next thing you need to consider is: What will make you ready?
Living independently in a retirement community, stimulated by the companionship of peers, and receiving supportive services when necessary, is a proven way of leading a longer, healthier and happier life.
Those who realistically plan for this new and rewarding period in life are making timely decisions rather than waiting until these decisions must be made for them.
“It's out of my price range.”
The only way to determine the financial feasibility of the lifestyle offered by a true retirement community is to compare it, dollar for dollar, with the cost of your present living arrangement. Consider all of your current expenses: housing costs, property taxes, insurance, grocery, and utility bills, repairs to your home, automobile maintenance, housekeeping and transportation. Retirement living offers the intangible benefits of personal security and a level of companionship you may not presently enjoy.
Visit retirement communities, talk with residents, have lunch or dinner, and spend a night or two if the community has such a program. The time you spend gathering information is a sound investment in your future, but don’t delay once you decide there are obvious advantages to modern retirement lifestyles.
“I’m not ready to sell my home.”
Selling your home is a big decision. Both financial and emotional factors must be carefully weighed. Your answer to the following questions may help clarify this issue:
- Is your home located in a safe secure neighbourhood?
- Is your home and yard maintenance a problem?
- In the next few years, will you be physically capable of keeping up with household chores and yard work, or even be able to find reliable help?
- Is real estate in your neighbourhood appreciating, holding steady, or depreciating in value?
- How will present growth patterns affect your property?
- How are you utilizing the space you have?
- Is it an advantage or a drawback to have a large yard and rooms that are seldom (if ever) used?
- Does your home provide a secure environment for your present lifestyle?
Your home has been an excellent investment and tax shelter for many years; the equity can now provide means for a worry-free retirement.
“I don’t want to be isolated from my family and friends.”
Residents can entertain their family and friends, and ample facilities and services mean they can host even large groups. Civic, social and cultural events are often held on site.
Many residents report their circle of friends expanded significantly when they move to retirement communities because the lifestyle appeals to many others who share common interests. With help from resident’s services coordinators and recreation staff, residents organize events and entertainment of special interest to them and for those who wish to participate. Typical activities may include wine and cheese parties, exercise classes, and group trips to local places of interest.
Use of leisure time is purely a matter of personal preference. And the retirement community lifestyle provides more time to broaden your range of interest and increase opportunities for you.