when to move out of your home

When to Move Out of Your Home

Moving out of a house is not the same as moving out of your home, and this is especially true for older adults. The physical tasks of packing, sorting, and organizing can be overwhelming.  The most stressful task may be deciding what to keep and what to discard. Leaving the memories associated with your home can be very painful.

Many older adults never plan to move out of their homes, but an event occurs which necessitates the discussion on when and where to go. Most often it is a change in personal health that precipitates …

the conversation. Possible changes are:

  • Reduced vision
  • Decreased muscle strength or endurance
  • Reduced mental processing capabilities
  • Increased risk of falls due to balance
  • Increased risk of illness
  • Reduced hearing
  • Decreased mobility

Declining health is not the only reason to plan for a potential move. Mobility issues are also a major concern and can include some of the following:

  • Is your bedroom on the first floor?
  • Is your house wheelchair or walker accessible?
  • Are there stairs to navigate?
  • Are you able to do everyday tasks from washing the dishes to raking the leaves?
  • Are you able to drive?

The nation’s 65-and-up population is projected to more than double to 98 million by 2060 according to “A Profile of Older Americans: 2016,” a report released by the federal government’s Administration on Aging. It is estimated the majority of this age group will need to move into a retirement community, an assisted living facility or a nursing home.

Do you have a plan in place to move should that become a necessity? Do you have a preferred choice of where you’d want to move? Have you determined what you would move to a new location if it is smaller than your current home? Our Lifetime Legacy Planner will help start the conversation and organizing process by documenting your wishes. Take control. Don’t wait until it’s too late.

Posted in Real Estate.

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