#retirement_transformed #retirementcouple #retirement Today we are discussing the pros and cons of aging in place versus living in an assisted living facility later in retirement. This is a topic that we know is hard for many retirees to think about and to discuss with their partner or even their families. But there are many reasons why one or the other might be the best choice for you. Thinking about your options and discussing your feelings ahead of making the decision can help in the long run and while the final decision isn't always our own.
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CHAPTERS 00:00 Introduction 02:23 Advantages of aging in place (at home) 02:32 Embrace independence and autonomy 02:57 Social connections 03:52 Sense of belonging 04:35 Personalize your care 05:04 Emotional well-being 05:44 Cost advantageous 06:40 Disadvantages of aging in place at home 06:44 Safety 07:26 At-home care costs 08:04 Home modification costs 08:34 Limited access 09:22 Limited social opportunities
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ABOUT RETIREMENT TRANSFORMED Husband and wife duo, Mark & Jody Rollins, inspire and serve as personal guides to meaningful, transformational journeys for individuals who are planning for, going through or are living in retirement. This is everything in retirement beyond your financial plan.
We are not financial advisors or medical experts. Any advice we give is our own and should not be taken as professional advice. This video is for informational and entertainment purposes only. Please seek professional assistance before making any financial decisions or changes that can affect your physical or mental health.
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