Hope Isn't A Plan.
If you're in your early 60s and you haven't yet created a document outlining how and where you'd like to live in the coming years, you'r putting your own future at risk.
I understand that it isn't a task anyone is anxious to do -- but writing a plan can provide peace of mind, not just for you but for your family as well.
It happened to my very own father. When he started showing signed of dementia, my wife and I asked where he would like to live if his disease progressed. He told us to figure it out on our own.
He had no idea how much of a burden he was dropping upon us.
Even though both my wife and I have over 20 years of meaningful experience as Senior Real Estate Specialists, there was so much to learn.
The biggest lesson: Hope is never a plan. Yet, we learned that most people have no plan -- and are completely unready for the next step in their housing needs.
Without a plan, you lose all control. You could be putting your fate into the hands of an uninformed family member or possibly a total stranger. The way to maintain control of your future is to develop a written strategy -- created on your own terms.
Here are some questions to consider:
Are you able to do lawn work and exterior maintenance?
Is your current home hindering you, financially or otherwise, from leisure activities or traveling?
Are there areas of your home you no longer use?
If you answered yes to any of these questions, please read our next article on housing options for active seniors.
This blog is a part of our ongoing partnership with Growing Bolder Magazine. To see the full publication and our other contributions, feel free to visit their website.