Investments / Life Style

Tips for Staying Independent in Elderly Age

Old age comes for us all. One day we will all find ourselves not as young and energetic as we used to be. It’s important to plan early for the inevitable elderly years. Most people would prefer to remain independent in old age, as they were when they were younger. While many would prefer to stay in touch with families in senior years, few would want to actually be a burden to them. It’s not realistic to expect children to take care of ageing parents in old age. Children will have their own financial and family problems that may hinder their ability to take care of a senior citizen parent. There are also money issues as well. If you want to spend your last years happily, it’s better to plan to be independent. Here are several ways elderly citizens can live independently in Australia:

Seek Aged Care Services

The government of Australia subsidies various programs that help elderly citizens be independent and stay at home. You can find these programs locally as aged care services Kew, Sydney, Perth, and so on. These services are largely subsidies that help elderly get access to services. For example, one of the services offered is a home care package. This provides financial subsidies for elderly to get help for living at home. If you want to stay at home but can no longer do the cleaning or the washing, you can seek financial assistance through the program to hire a cleaner or a helper. Services extend to more stay-at-home support services and after-hospital care that help elderly transition to home life following a hospital stay.

Move to a Senior-Friendly Community

When you are older, you may not be able to live as comfortably as you used in anywhere in Australia. Most cities are designed for busy young commuters. When you are older, you may not like the things that you used to like as a young person. The street noise, constant traffic, lack of disability facilities, and facilities designed for young people and not older ones, might irk you. In some cities, you may have trouble finding the care you need. So, think seriously about relocating to an area where there are more seniors like you. You will be more likely to find elderly-friendly facilities. More importantly, you will be able to find friends your age and make connections even in your final years.

Move to a Smaller Home

Living in a big home may have made sense when you were younger with children. But in old age, a big home can be a burden rather than solace. You will not be able to keep a big home clean and nice looking when your health is deteriorating. Also, larger homes tend to have staircases and big rooms, so getting around will be difficult. Therefore, it makes sense for elderly to move to a smaller home where it’s easier to get about and get things done. You can sell or rent out a big home, which will also provide much needed cash to survive on your own after retirement.

On a last note, do be careful with your retirement savings or funds. Do not put them into risky investments hoping to win big. You should expect the scenario that your savings might not be enough, especially if there’s a medical emergency. So advanced financial planning should be considered as well.

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