Planning for your future in retirement might seem daunting or unpleasant, but it doesn’t have to be. There are so many options available to seniors that it’s easy to find the care you need that fits both your lifestyle and your budget. There are in-home care options so you never have to leave your house or you can move to a new community and enjoy services and amenities geared towards your needs. No matter what you’re looking for, you can find it in Toledo, and this guide should help you start your research.
The cost of care is the primary concern of many seniors, and fortunately, the cost of care in Toledo is right around the national averages. The Genworth Cost of Care Survey puts private nursing home rooms in Toledo right around $96,488 and that national average at $92,378. A semi-private room in a nursing home will be around $85,958 in Toledo and $82,125 nationally.
In-home care costs in Toledo are the same as national averages with homemakers coming in at $45,760 and home health aides costing around $46,332 per year. Adult day care is cheaper in Toledo with a yearly cost of $13,520 compared to the national average of $17, 680. Assisted living is a bit higher in Toledo with the annual cost coming to $46,500 and the national median price coming in at $43,539.
Now, don’t just think about current costs as you figure out your care situation because those are going to change over the next few years. Genworth estimates that nursing home rates will increase 3-4% over the next five years while in-home care could see an increase of 1-2%. Assisted living could go up 3% but adult day care costs might lower by 4%.
More seniors are retiring now than ever before thanks to the baby boomer generation. More seniors mean there are more options for care, and you can pick what you need for your health, lifestyle, and budget. There are independent lifestyles, various nursing homes, in-home care options, and even concierge-style services so you can get what you need when you need it.
All these options aim to keep seniors in their home longer.
Homemakers like those at Accessible Home Health Care can take care of any non-medical need a senior might have. That could be getting out of bed in the morning, making dinner, running errands, sorting mail, cleaning the house, or just providing companionship. Make sure the provider you choose is nearby so in the case of an emergency you don’t have to wait long for help.
Home health aides take care of more medical needs than a homemaker but still come to you to provide services. Home health aides from providers like Always Best Care of Northwest Ohio can take care of wounds, vitals, medication, IV therapy, diabetes care, heart-related care, and many other medical tasks. Again, make sure your provider is near your house.
Adult Day Care allows seniors to get out of the house to socialize while still being supervised. This program can also give caregivers a break from their duties for a few hours or the entire day. Most programs like Ohio Living, provide engaging activities, a meal or snack, and transportation to the facility. There are also programs that cater to those with Alzheimer’s or other specific diseases.
Independent concierge services allow seniors to pick and choose the care they need. Rover, Favor, Handy, TaskRabbit, Amazon Home Services, and Porch are all websites that allow you to hire people to walk your dog, clean your house, pick up your dry cleaning, or take care of minor home repairs.
Before you hire anyone to come into your home, make sure you know as much as possible. Your friends and relatives can give you suggestions, and you can cross check them at sites like the Better Business Bureau. Here are some additional questions you should ask.
Does the provider have insurance? Are they bonded?
Do employees complete a background check? Are there regular screenings?
Is there transportation to adult day care if necessary?
Do they have all required licenses and permits?
What is the backup plan if there is an emergency or extenuating circumstances?
In-home care isn’t your only option, and some seniors might prefer to move into a new community. There are various levels of senior communities that include independent with upscale amenities, assisted living, and highly skilled nursing homes. Each one has something different to offer their residents, and you have to decide which will work best for you.
Independent living is almost like living in a resort. Seniors get a private house or apartment and can come and go as they please while enjoying amenities like restaurants, swimming pools, and other services in their community.
Assisted living also has services and amenities but there are also staff members who can help with housekeeping, getting dressed, and other needs. These facilities often have a continuum of care which are services that allow you to stay where you are as your health needs change.
Nursing homes are mostly for seniors with critical illnesses or diseases and patients that are recuperating from surgery. Nurses and doctors will tend to your needs and therapists, and other professionals can help with recovery and daily life.
Dementia care is like a nursing home but with services specifically for those with memory loss. The staff has been trained to create a safe and engaging environment and to keep patients calm and happy. There is often added security, so residents don’t wander.
What services does the total cost include?
What is the price list for extra amenities?
Can I use an independent provider for things like walking my dog and grocery delivery?
What does the continuum of care look like?
Paying for senior care doesn’t have to be stressful because other than independent living, most living arrangements can use programs to help with finances. Medicaid can help low-income seniors cover their care and veterans can use VA benefits. Seniors with long-term care insurance should check their policies to see if assisted living or in-home care is provided. Other options can include Social Security or retirement savings, and homeowners can consider selling or renting their house or getting a reverse mortgage but consult with a financial professional, so you understand all the consequences first.
If you’re wondering what to do during retirement, look no further than your backyard. The Area Office on Aging of Northwestern Ohio has plenty of events scheduled just for seniors. You can also spend your time giving back to the community and Volunteer Match is a wonderful way to see what opportunities are available in your neighborhood.
There is so much more to senior living and if you want further information and resources on topics like assisted living, veteran support, respite care, and community life, check out our guides on the website.
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