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Home Health Blog

Retirement tips for senior citizens

Posted by RHHAdmin on Feb 28, 2012 9:17:00 AM

As the baby boomer generation begins to approach senior citizen status, many members of the demographic will begin searching for a location where they can settle down and gracefully enjoy the Golden Years. There are many things to keep in mind when looking for an appropriate retirement spot.

Lack of affordable housing is a problem that affects homeowners of all ages, so first on a elderly person's agenda should be to locate a house that is within an operational budget. This house should be in close proximity to a medical center in the case of an emergency, or at least have access to a mail-order pharmacy so that drugs can be easily secured.

Taxes can also drain a lifetime of savings, so states without income tax should be considered by the elderly. The traditional retirement state of Florida is on this list, but so are unique locations like Alaska and Nevada. Funds made available by lesser taxes can be used to pay for personal care services that make a transition much more pleasant.

Finally, seniors should simply ask themselves "Where would I be the most comfortable and still able to do the things I like?" Sometimes, the answer means remaining at a life-long home and selling extraneous property to focus on home health care.

Topics: Aging In Place, Financial Health