https://www.nextavenue.org/declarat...166652184&mc_cid=cd86ae4950&mc_eid=7db4a22a9a From nextavenue.org, "Declaration of Dependence: How to Acknowledge the Limitations Imposed by Aging and Accept that You are Unlikely to Live on Your Own Forever":
Good beginning article. I came to this realization last year and I've done my research and now I'm advising my kids to start thinking about this while they are still young enough to make things better for themselves.https://www.nextavenue.org/declarat...166652184&mc_cid=cd86ae4950&mc_eid=7db4a22a9a From nextavenue.org, "Declaration of Dependence: How to Acknowledge the Limitations Imposed by Aging and Accept that You are Unlikely to Live on Your Own Forever":
Very wise of you to begin planning so early and you're lucky you lived in an area with nice, affordable houses. Is there an elevator or chairlift for the stairs to that basement suite? I hear that chairlifts, while not inexpensive, are definitely less expensive than even independent, let alone assisted, living.I began planning for old age 40 years ago - when I bought this house. It has a self contained one bedroom basement suite. The suite was the teens' introduction to living alone - cook/shop, keep suite tidy and clutter free, weekly inspection from the POLICE (aka Mom).
I planned to move into the suite when I can't manage the stairs and when the current living area is too large for me. The spare bedroom is in use when my daughter, sons, grands visit. As I get older, there will be more visits to make sure "mom" behaves.
Currently, the 4 bedrooms are in use -
#1 for the dog and I;
#2 sitting/TV room with a pull out bed if grands come with their parents;
#3 the office and pantry/"junk room" ;
#4 for the children/grands when they visit;
The self contained basement suite was/is rented to "off shore" university students as I find it more interesting to interact with students from other countries. The rent is lower than normal as I prefer NOT change tenants yearly. At close proximity to public transportation and the university, there has never been a problem renting the suite.
Maybe it depends on the area; around here, last I heard, the nursing homes, assisted living facilities, any kind of senior living places, heck even any kind of apartments, all have waiting lists.Most of the women in my family lived alone until shortly before they died. My mom died of cancer at 89 and spent one week in a hospice facility. I bought a small condo that’s single story and has an elevator in the building. Only a small portion of seniors end up in nursing homes.
While i personally think worry is not only a useless frame of mind but can make considering one's options harder., acknowledging real possibilities and making contingency plans is a good idea.Reality is NOT depressing, it's all we have. Live each day to the fullest., don't sweat what's ahead, don't dwell on the past, and understand that it takes all kinds to make a world.