A vast majority of older adults have expressed their desires to stay at home as they age, but there are some important factors for many to consider when planning for their future, and a strategy to avoid a nursing home or assisted living facility is one of them.
Aging baby boomers should prepare for the fact that they may develop a chronic condition and require some care from a family member, according to The Osceolaiowa Sentinel-Tribune.
Ask children whether they would be willing to care for you if an illness does occur, and also take into account that caregivers can suffer from emotional or financial problems.
For this reason, parents may want to try and supply their children with an income for their caretaking duties. The news source recommends investing in long-term care insurance or another kind of life insurance that allows you to withdraw the death benefit in order to compensate a caregiver.
When boomers are unable to perform day-to-day activities, such as walking or eating, without assistance, it may be time to consider an attendant.
However, those who are looking to age safely at home may want to invest in a medical alert system, which allows a senior to send a personal emergency response message to caretakers or doctors when necessary.