Miami is a popular retirement destination among today’s seniors thanks to its warm climate, rich culture and quality health care. The city offers dozens of care options for seniors, from in-home housekeeping services to full-time nursing care.
If you’re a senior living in Miami, you might be surprised to learn that care costs within the city are often cheaper than similar expenses nationwide. Seniors that live independently at home but who still need assistance with cooking, cleaning or medical care can hire housekeeping services or a home health aide. The national median cost of such in-home care reached over $44,000 per year in 2015. In Miami, however, at-home care services only cost a median of $37,477 annually. These prices are not expected to rise within the next 5 years.
Adult day health care and assisted living costs in Miami were also cheaper than similar nationwide costs in 2015. For a day health program, Miami residents paid a median price of $16,900 per year, while the national median cost hit $17,904. Assisted living facilities in Miami were also cheaper, boasting a median annual price of $33,0000 compared to the national median of $43,200. Assisted living facilities in Miami are quickly gaining popularity, and the low care costs are expected to rise 7% by 2020.
Nursing home care in Miami is the single most expensive senior care option that the city offers. While the national median cost of a double room in a nursing home was $80,300 per year in 2015, the annual cost of a semi-private room in Miami hit $98,634 and is expected to grow by 4% in 5 years. The nationwide median cost of a private room was $91,250 in 2015, while prices in Miami reached over $106,000 and are expected to grow by 3% in the next 5 years. Luckily, there are many ways that low-income Florida seniors can save on room and board through government benefit programs.
The various care options that Miami offers allow seniors to receive skilled care while maintaining the highest possible level of independence. If you are a Miami senior that is looking for long-term or short-term care, there are several options to choose from based on your personal and medical needs.
Homemaker services can help you to clean, cook, and generally care for your house while living at home. Those that need it can also get help with daily personal care such as bathing and dressing.
Home health aides also help seniors who are living at home with cooking, cleaning and personal hygiene. In addition, home health aide services offer medical care such as rehabilitative therapy and medication management.
Adult day health programs are designed to provide working caregivers with relief from their duties during the workday. These programs provide a safe, supervised environment for seniors and often also provide basic medical services.
Independent concierge services are available to seniors with internet access. You can hire help with errands, find a handyman, have groceries delivered straight to your doorstep, or locate other local services.
Independent living communities consist of senior citizens that want to maintain an active, healthy lifestyle. While medical and nursing care is usually available on-site, residents in independent living communities usually perform daily living activities without assistance.
Assisted living facilities offer health care and custodial services for seniors that can’t live independently.
Nursing homes provide the highest possible level of care for seniors that need help taking care of themselves and their living space. Nursing home residents have access to skilled on-site nursing care 24 hours a day along with personal care and medical services.
Dementia care wards can be found in many nursing homes and house patients that require specialized dementia care and constant supervision.
The rising cost of care in Miami is concerning to many local residents, but luckily, there are plenty of ways that seniors can pay for the care that they need. When planning for retirement, many seniors start a savings account and take out a long-term care insurance policy to help cover the cost of future care. If you find that you need care but don’t have sufficient savings in place, you can get your hands on some cash quickly by selling your house or taking out a reverse mortgage. Seniors that don’t have a house or other assets to sell and who have a limited income can apply for financial aid through the Florida Medicaid program. If you’re a veteran or a veteran’s wife living in Miami who requires around the clock care, you can apply to receive financial assistance through the VA Aid & Attendance pension.
Miami’s warm, sunny summers and mild winters mean that there’s something for locals to do year-round. Seniors living in Miami can head to one of the city’s sandy beaches for a relaxing day outdoors, or residents can explore the city’s world-famous shopping, entertainment, and dining options. Exciting events are constantly going on throughout the year, from the three-day Coconut Grove Art Festival in February to the colorful Caribbean flavor of the Miami Broward One Carnival in October. Miami seniors can also spend their time volunteering through the Miami-Dade Retired and Senior Volunteer Program.
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