The access to affordable housing and disability-specific housing must be afforded to you under the ACT law, a rights-based regulation that states all individuals deserve a home. However, sometimes long waitlists extend a couple of years before there is availability. For families, this can cause financial and emotional stress. Having a roof over your head is vital to a quality home life, and for the middle-income earner, it is getting increasingly hard to find affordable housing.Likewise, when we reach retirement, we may face a fixed income consisting of only social security. That income only covers very basic expenses. If you have not planned for retirement by making a variety of investments during your work years, you may come up short.
If you need to look at independent or assisted living communities and lack a long-term care policy to pay for them, you may be stuck with a facility run by social services through Medicaid. This is certainly not the best option.Take a look at your current situation and that of your parents if they are over age 50. Are they in a position to sell their home and move to a community that caters to seniors? If they are currently healthy and just don’t want the hassle of the expenses of maintaining their home, they may find a reasonable retirement home neighborhood with others who are in a similar situation.
When health begins to decline slowly, the next step is independent living where a staff keeps tabs on the community and organizes activities and events for socializing and staying busy. They do not help with any medical needs. They are only there on hand to report problems and provide friendly assistance. They have a dining area and place to play games or watch TV with others.Once medical or memory Affordable housing issues begin, assisted living housing is best. Here they have the medical attention they may need daily like reminders to take their medications and help to get in and out of bed. Meals are provided according to special diets.
If severe dementia or Alzheimer’s becomes a problem, nursing care in a facility will be necessary. There is always the option of in-home care that allows your parent to stay in their home or yours. If you find it costly, you can do a combination of in-home care while taking some of the responsibility yourself.Each form of housing in these situations can be affordable if you plan ahead. Check the actual costs of retirement homes. The more financial help you need, the longer you will wait for the proper accommodations.