Why the BEST Age to Move into a Retirement Community Might Be Different Than You Think

Did you know that over 75 million Baby Boomers are either retired or on the verge of retirement? Retirement can be one of the most exciting life stages. When it comes to retirement planning, many people may consider whether they want to move into a retirement community. For some, it may be the perfect place to call home. However, what’s the best age to consider a move to a retirement community? How do you know if it’s right for you? The good news is, you’re in the right place to have those questions answered! Here’s everything you need to know about moving into a retirement community.

What is the Average Age of Residents in a Retirement Community?

When some picture a retirement community, they might have conflicting views of the residents. Some may think of older adults several decades past retirement age while others might conjure visions of newly-retired older adults. But which is the right view?

According to Where You Live Matters, the average age at which people move to a retirement community is typically around 84 years old. The same study goes on to note that the minimum age requirement is usually around 65 and that most make the move between the ages of 75 and 84.

At most retirement communities, there’s a wide range of ages: people from all walks of life. You can meet former teachers, policemen, CEOs, lawyers, singers, and others. This makes it easier to find potential friends with common interests. Even if someone is younger or older than you, you already have something in common. You’re all retirees looking to make the best of your golden years! This can help facilitate a strong sense of community and belonging—two things that are especially important for our mental health as we age.

Other Considerations to Make When Considering a Move to a Retirement Community

Age isn’t the only factor you should consider when looking into retirement community living. First, it’s important to note that there are several different types of retirement communities. Each community offers something different and comes with pros and cons. Some of the different independent living communities include:

Retirement Communities

Retirement communities have become a popular choice among active, independent senior adults aged 55 and older. These dynamic neighborhoods offer a range of economic housing options, including single-family homes, condos, and duplexes. Designed with older adults in mind, these communities provide an ideal solution for those who no longer wish to deal with the hassle of regular home maintenance.

Senior Apartments

Senior apartments are perfect for retired adults who want to downsize but still enjoy a social life. Apartment living also appeals to those who dislike yard work or home maintenance. Of course, it’s also a great option for retired travelers who want peace of mind while away from home. Residents save money with lower expenses because they often include utilities and don’t require property taxes.

Continuing Care Retirement Communities (CCRCs)

Continuing care retirement communities (CCRCs), also known as life plan communities, are a popular long-term care option for older adults. These communities offer independent living combined with access to various levels of care on a single campus. Designed to allow seniors to age in place, residents can continue living in the same community even as their care needs change over time. This provides peace of mind and eliminates the need for multiple moves as health conditions evolve.

Most retirement communities offer amenities, such as a clubhouse, fitness center, and a slate of fun activities. Others may have on-site healthcare options. Older adults on the go may thrive in an active adult community while others might prefer the peace of mind that a CCRC offers, especially if they have more complex health needs. But let’s explore the other factors you should also consider!

Health and Mobility

Most would agree that it’s best to move into a senior community when you can still care for yourself. After all, if you move into an active adult community, you have to be—well—active to make the most of it! So, while you can always age in place until you reach your eighth decade of life, consider going against the grain. Start looking into retirement communities now instead of later. If you’re not sure if a retirement community is right for you, then ask yourself these questions:

• Are you able to take care of yourself? Can you bathe, use the restroom, get in and out of chairs, and perform other activities related to your personal care without any challenges?
• Can you manage your own finances?
• Will you find joy and fulfillment living among people your own age? Or would you be happier living in a neighborhood with a more eclectic mixture of ages?
• Does the community offer a full continuum of care so you can seamlessly transition to assisted living or skilled nursing without moving to another facility?
• Could you benefit from fitness and wellness programs for seniors?

Finances

Of course, when it comes to senior living communities, you have to consider finances. The cost of care varies depending on the community. According to SeniorLiving.org, the median monthly cost for independent living facilities in the United States is $3,065. Of course, prices vary from state to state and facility to facility. For example, retirement communities that offer a wide range of amenities may be more expensive than senior apartments.

Unfortunately, without proper preparation, moving into a retirement community could be a financial burden. So, make sure you assess your finances. Have a clear-cut plan in place to ensure that you can afford the cost of living. Make sure you only consider communities that fit your budget so you can make the most of your new home. After all, who wants to waste their golden years fretting about their finances?

Socialization

Friendship is important—especially for seniors. Fortunately, moving to a senior living community can combat this issue. A good retirement community provides seniors with social opportunities and fun activities. Residents can participate in group outings, game nights, and exercise classes. In other words, you’ll constantly be dipping your toes into potential pools of friends!

Some of the positive benefits of regular social engagement include:

• Improved cognitive function
• A greater sense of purpose
• Increased self-esteem
• A boosted immune system
• Reduced risk of dementia and high blood pressure
• A more positive outlook

Amenities

Most of us would love to live a relaxing lifestyle, free of chores, responsibilities, and the other headaches of life. For many seniors, this can be a reality in a senior living community! If you’ve ever dreamed of spending the entire summer poolside, with an ice-cold drink melting in your hand, you might be able to do that in a retirement community. Additionally, many senior living communities take care of maintenance. From mowing the grass to shoveling snow to cooking, you might be able to kiss chores goodbye forever. Some of the amenities at a retirement community may include:

• Housekeeping – Enjoy the luxury of having a clean and tidy living space without lifting a finger. Housekeeping services are often available to help you maintain a comfortable and organized home.
• Transportation – Getting around becomes effortless with transportation services provided within the community. Whether it’s a scheduled shuttle service or chauffeured rides, you’ll have the freedom to explore nearby attractions, visit friends, or attend appointments without worrying about driving.
• Housekeeping – Enjoy the luxury of having a clean and tidy living space without lifting a finger. Housekeeping services are often available to help you maintain a comfortable and organized home.
• Fitness rooms – Seniors can enjoy fully-equipped exercise rooms where they can exercise and even take fitness classes.
• Pet-friendly – Good news; many retirement communities are pet-friendly, so you won’t have to leave your four-legged friends behind! However, it’s important to note that some retirement communities may have restrictions on what type of pet you can own.

Find a Retirement Community Near Me

Moving to a retirement community doesn’t have to be stressful! Instead, follow our tips and plan ahead. Don’t think of it as a headache; think of it as an adventure and a new chapter! There’s no better time to think about your future than the present. So, go ahead—start planning today!

Click HERE to begin searching for retirement communities near you!

Get weekly tips on housing, retirement living, senior care, and more sent right to your inbox.