By Meghan Streit
THE ERICKSON TRIBUNE
When you are retired, there are many things to consider—how you will spend your time, how you will fund your retirement, how you will access and pay for health care, to name just a few. But arguably the most important decision you make about your retirement is where you will live.
By the time they reach retirement age, a majority of people live in a house that they own. While many plan to continue living in their houses during retirement, a large percentage of retired households pursue other options.
One-third choose community living
Approximately one-third of people over age 55, some 10.7 million households, choose to live in an age-qualified retirement community, according to a recent report by the National Association of Housing Builders’ 50+ Housing Council.
Individuals cite a variety of different reasons for considering a move to a retirement community. Some move to be closer to children and grandchildren. Others opt for community living for the access to recreational activities and new friends. And for some the motivation may be to alleviate the cost and stress of household maintenance.
Whatever your individual reason for considering a move, Barbara Krueger, founder of seniorresource.com, an organization that helps older adults consider their retirement living options, says it’s critical to explore your options early. She says it’s best when people move to a retirement community “before [they] desperately need to.
“While you’re in good health, it’s going to be easier for you to socialize, make friends, and find your niche,” Krueger says. “If you wait too long, it gets very hard to do that. You really need to be proactive; unfortunately, a lot of people aren’t.”
‘We wanted to make that decision for ourselves’
Curtis Everett and his wife Joan didn’t delay their decision to move—and they are glad they acted when they did. The couple moved to Monarch Landing from South Carolina last April to be closer to their children and grandchildren.