Premier Senior Living...
Because it's how you live that Matters

Senior Assisted Living Blog



Downsizing Could be a Good Retirement Move

Joseph Coupal - Friday, June 29, 2018

Spring Arbor, SC, NC, VA, TN If there's one aspect of retirement that's universally daunting, it's the notion of running out of money. But unfortunately, it's a very real risk for the countless Americans who enter retirement financially unprepared year after year.

If you're approaching retirement with inadequate savings, there are several ways you can compensate to avoid depleting your nest egg prematurely. You might, for example, decide to work part-time as a senior to generate income, thereby leaving more of your nest egg intact. But here's another option you might consider: downsizing. An estimated 42% of Americans plan to downsize in retirement, according to data from TD Ameritrade, and it's a move that could end up spelling the difference between struggling financially and having enough cash to cover the bills for the rest of your life.

Why downsize in retirement?

Even if you own your home outright by the time you retire, downsizing to a smaller space can still save you a bundle. Remember, other than healthcare, housing will likely be your single greatest monthly expense as a senior, so reducing it as much as possible could work wonders for your budget.

For one thing, it costs less money to heat and cool a smaller space than a larger one. If you're used to spending $250 a month on utilizes for a 2,000-square-foot home, downsizing won't necessarily cut that bill in half -- but you might reduce it by a third, which will help.

Furthermore, it stands to reason that maintaining a smaller space is easier and more cost-effective than maintaining a larger one. The typical homeowner spends 1% to 4% of his or her property's value on upkeep per year, but if you downsize, you'll see maintenance costs shrink or disappear as a result.

Another thing to keep in mind is property taxes. Property taxes are a function of your home's value times your local tax rate, so if you sell you home, you'll no longer pay these taxes. And since property taxes are no longer fully deductible (they're part of the SALT deduction, which was once unlimited but is now capped at $10,000), lowering that bill makes sense on multiple levels -- particularly if you're living in a state whose property taxes are much higher than average.

Finally, remember that by the time you retire, there's a good chance your adult children will have moved out, which means you like won't need all of that space. And that's reason enough to swap your current home for a smaller one that's easier to deal with in all regards.

For more information on senior living, contact Spring Arbor.

#HowYouLive

The Motley Fool


Retirees Should Consider Senior Living Communities

Joseph Coupal - Tuesday, June 26, 2018

Spring Arbor, SC, NC, VA, TNHome ownership has long held an honored position as an integral part of the American dream.

But when retirement time comes, rethinking that dream could be in order. Sometimes senior living communities are the better bet both financially and in terms of the retiree’s changing lifestyle and health.

When people plan for retirement, they focus on things like how much they have saved, how much Social Security will pay, and whether they have pension. But as you get older, you also need to think about such issues as whether you can keep mowing the lawn or handling other day-to-day chores that homeownership requires. If you must hire someone to do them for you, how much will that eat into what may already be a tight monthly budget?

The truth: There’s no answer that will fit everyone’s situation. So, retirees or those approaching retirement, should weigh their personal pros and cons. There’s a lot to think about. Should you sell the house you raised your family in and downsize to something more suitable for just the two of you? If you’re planning to move to somewhere else in the country to enjoy your retirement, is it more prudent to buy in that new location, or is leasing the way to go to give you more flexibility if it doesn’t work out?

Some things retirees should think about as they ponder the question include:

Maintenance issues. When you own a home, every leaky faucet, electrical problem or faulty appliance is yours to handle as best you can. If you can do it yourself, great; but often, these household repairs mean calling in a professional at a sometimes-exorbitant cost. When you rent, it’s up to the landlord or the property management company to take care of the repairs.

Mobility. Selling a house can be a long and complicated process, and you never know what the market might be like when the time arrives. Whereas breaking a lease is much simpler. If your children are scattered all over the country, you may want to move closer to one of them. Also, if your health takes a turn for the worse, selling a home can be a significant burden on your family.

The inheritance. For many people, a house is the most valuable asset in their estate and they might want to leave it to their children in the will. Once again, it’s a matter of weighing the pros and cons. Having a home to pass down to the children is a noble gesture, but it is not always feasible.

Before considering if senior living is the right option, it’s essential to review all the intricacies of your situation and decide based on your finances and your overall health and well-being.

For more information contact Spring Arbor.

#HowYouLive

myvalleynews.com


The Upsides to Downsizing to a Senior Living Community

Joseph Coupal - Monday, June 18, 2018

Spring Arbor - VA, NC, TN, SCDownsizing sometimes gets a bad rap. Upon hearing the phrase, many people automatically assume that downsizing is something negative, but in reality, there are plenty of positive aspects to scaling down from your current home. From having less to clean to being free from other obligations of having a larger home, there’s a lot to look forward to when downsizing.

On the other hand, leaving a beloved home can be tough emotionally, mentally and physically. But with the right mindset and a plan in place, transitioning to a smaller living space in a senior living community becomes less painful.

What follows are some of the best aspects of downsizing, perks of moving into an senior living community, and bright spots to look forward to when transitioning to a smaller home.

There’s Less to Maintain

Owning and maintaining a home is a lot of work. There’s endless cleaning that needs to be done, repairs that need to be made and upkeep that needs to be completed. With a smaller living space, that list of chores and to-dos around the house dwindles, leaving you with more time to focus on the things you enjoy.

It Can Help You Shop Smarter

Artful advertising designed to influence consumers and encourage impulse buys are just about everywhere these days. Anyone can fall prey to something that looks like a good deal or sounds like something they “need” and be influenced by clever and strategic marketing. But when living in a smaller place, you’ll need to become more critical about what you purchase in order to avoid clutter.

Redecorating Opportunities Abound

Redecorating can be a lot of fun -- even more so when there’s a brand new space to work with. Downsizing gives you the opportunity to redesign your space, come up with new concepts and get creative with your storage spots. That can mean experimenting with different setups, getting creative and investing in furniture that doubles as extra storage to save on space.

For those in need of more storage space, an on demand storage company is one option to stow any excess items you don’t want to part with. These companies handle the logistics of putting belongings safely into storage.

Help is On Hand

One of the clearest benefits to moving into a senior living community is having assistance at the ready. For those in assisted living communities, on-site caregivers mean residents and their families can worry less, and rest assured that medications, daily activities and nutrition are being monitored and assessed. For those who need help with activities of daily living, like dressing, eating and bathing, having these accessible caregiver services at home is invaluable.

Socialization and A Sense of Community

When transitioning from an empty home to a senior living community, there are lots of new opportunities to form a community and socialize with neighbors. Isolation is a real problem for many elderly adults, especially if their spouse has passed away and other family members live far away.

In a senior living community, residents have peers who live close by, scheduled activities and outings they can participate in, not to mention time to take up hobbies and develop new friendships.

For more information on senior living contact Spring Arbor.

#HowYouLive

seniorhomes.com


Professional, Compassionate Senior Living Communities

Joseph Coupal - Monday, June 11, 2018

Spring Arbor, SC, NC, VA, TNJust as your family makes a house a home, our family of dedicated professionals makes Spring Arbor a place where our residents feel loved, like an extension of family. From Residential Assisted Living to Alzheimer's Care, our team nurtures each resident's independence by promoting dignity and choice within a setting of compassionate care. Whether it's our chef adding some extra flair to a birthday dessert, or an Executive Director calling a resident's loved one to share a moment of joy, our commitment to serving each resident is passionate and consistent. This day-to-day interaction with our residents is the number one reason families choose Spring Arbor. A wonderful peace of mind comes from knowing we treat your family as our very own.

Spring Arbor Signature Programs Enhance Daily Life

Enhancing the lives of residents in our senior living communities is very important to us. Our signature programs bring unparalleled quality and dignity to the lives of our residents while simultaneously inspiring confidence, trust and peace of mind for loved ones. We are proud of our assisted living and memory care programs. They have shown measurable success in enriching the lives of our residents. Below are some of the most popular programs that we offer at each of our communities!

Art from the Heart

Through the creativity that is represented by colors and patterns, residents with Alzheimer’s and dementia can speak to their loved ones, proving that a picture is indeed worth a thousand words. The Art from the Heart program provides needed exercise for the brain and can help maintain and strengthen existing cognitive function. It’s also a great way to reduce stress and anxiety and to encourage socialization and creativity.

Hearts and Harmony

Hearts and Harmony is our signature music program that includes both individualized and group approaches to the benefits of music. Studies show that music is one of the only activities that stimulates and uses the entire brain. The Hearts and Harmony program helps to promote wellness, stress and pain management, memory enhancement and provides unique opportunities for communication and social interaction. Residents can enjoy customized playlists when they wish to enjoy music on their own or they can engage with the use of hand drums, bells and more in group sessions. Listening to musical favorites helps residents recall fond memories and assists them in reconnecting with family and caregivers.

Gardening Therapy

Research shows that access to the outdoors and physical activity are extremely beneficial for adults suffering from Alzheimer’s and dementia. Gardening is a wonderful exercise for the mind and body, lowers blood pressure levels and stress, builds confidence, and more. Our Cottage Care Coordinators create programs centered on nature through gardening and other stimulating sensory opportunities in our welcoming and secure courtyard areas.

We believe it’s how you live that matters and that philosophy applies to every season of life. Regardless of age or ability, our communities strive to provide meaningful experiences and beneficial programs for all our residents. Our goal is to help each resident function at the highest level possible. Learn more, contact Spring Arbor and schedule a tour of your nearest community today!

#HowYouLive


HHHunt Brings Smart Tech to Two More Spring Arbor Communities

Joseph Coupal - Friday, June 08, 2018

Spring Arbor - VA, NC, TN, SCK4Connect has broadened its partnership with HHHunt's senior living division, which owns and manages Spring Arbor assisted living communities throughout the Mid-Atlantic, to bring K4Community to two additional Spring Arbor communities in Maryland.

The two new communities, Spring Arbor Crofton and Spring Arbor Frederick, are under construction and expected to open in the middle of this year and early next year, respectively. Once the communities are open, K4Community will be available to more than 300 Spring Arbor residents, as well as to their their family members and friends.

K4Community integrates home automation and health and social engagement features into one solution capable of automatically completing tasks, such as turning on lights or adjusting temperatures, while also allowing residents to engage with their fellow residents, family and friends via an app. And K4Community also provides staff members with management and analytics tools.

“Our residents have truly embraced the technology, which has added great value to their daily lives,” said Richard Williams, senior vice president of HHHunt's senior living division. “Based on its popularity in our other communities, there was no doubt that we would build K4Community into our newest senior living communities right from the start.”

The total number of Spring Arbor communities in which the technology has been or will be implemented is now 11.

“Since our partnership with HHHunt's senior living division began, we have continuously seen an adoption rate of 100 percent for K4Community's home automation features, and daily tablet usage has increased significantly among residents,” said F. Scott Moody, co-founder, CEO and chief member advocate of K4Connect.

For more information on the best in senior living communities, contact Spring Arbor.

#HowYouLive

mcknightsseniorliving.com


Picking the Right Retirement Community

Joseph Coupal - Tuesday, June 05, 2018

Spring Arbor, SC, NC, VA, TNChoosing the right retirement community can be daunting. Luckily, there are many options for seniors. When analyzing those options, it is important to consider one’s activity level, degree of independence, health care requirements and finances to be sure to find the right fit.

Over-55 retirement communities are perfect for the transitional period when you no longer want to be responsible for the upkeep of home and property, but still capable of living (and thriving) independently. These communities often provide exterior home maintenance, lawn care and snow removal, as well as social activities for older adults.

There are many 55-plus communities available to those with lower incomes. Many seniors and veterans rent affordable, high-quality senior housing through U.S. Department of Housing and Urban Development-sponsored senior housing programs. This housing also is available to younger disabled individuals.

ASSISTED LIVING

When seniors require more help with dressing, bathing or eating, but do not require full-time nursing care, assisted living is an option. Later, nursing homes provide continuing nursing and health-related services to residents.

It is a common misconception that Medicare will pay for assisted living or nursing home care. In fact, Medicare only covers 90 days in a nursing home – for rehabilitative services.

AARP reports that while “more states are starting to cover some services under Medicaid or other government programs, public payment is not common in the assisted living industry. … About four out of five people pay for [this type of facility] out of pocket.”

TIERED CARE

Finally, continuing care retirement communities offer the full spectrum of care (tiered care) to residents: independent living, assisted living, memory support and health care. Sometimes that monthly fee increases as needs increase. The fact is, some residents will require more time and attention than others. It is better to address those needs individually rather than increase service fees for everyone.

For more information on senior living, contact Spring Arbor.

#HowYouLive

lvb.com