Baby boomers are getting ready to enjoy their golden years, but the planning process can often prove overwhelming to many. RecordNet.com recently shared some tips for those who are looking for retirement advice.
First and foremost, one should consider their health needs when they retire. A budget should be set for unexpected medical expenses, particularly those related to long-term care. Assisted living facilities can prove far too expensive for most, so one should instead try to find an alternative that allows seniors to live safely and independently.
One solution is investing in a home medical alert system. This device can be used to immediately send a personal emergency response message to doctors or neighbors if one is in need of assistance, guaranteeing that older adults have a way to get help if they suffer an injury at home.
Jack Christy, director of public policy for Sacramento-based Aging Services of California, told the news provider that seniors may also want to find a nurse who can visit them throughout the day. This could be a cost-effective way to receive medical treatment while at home.