Senior Living Expectations – The Golden Years

Karen Letterman, Director of Marketing

Should I Stay or Should I Go Now?

Throughout our lives, we plan for each stage of life.  In high school, we plan for where we’re going to college or trade school.  After that, we plan for where we’re going to live and work and whether we will marry and have a family.  Once the children are grown and out of the house, many couples opt to sell their homes and downsize, moving to an over-55 community.  Many of these communities have social events and amenities such as a club house, but they don’t provide care for their aging population.  What many thought was their final move, often isn’t.  At a certain age, people stop planning for the future, but with life expectancy increasing, it’s far better to be prepared rather than wait for an illness or an accident to occur, because then your options may be severely limited.

What is average life expectancy today?

Average life expectancy for a woman is 81 years, while for a man it’s 76 years.  A 65-year old male today, who’s in average health, has a 35% chance of living to age 90, while for a woman the odds are 46%.  Women generally live 6-8 years longer than men.  The gap is due to a combination of biological and social differences.

Why are seniors living longer?

Research shows that seniors who choose to move into retirement communities are living longer because of safety reasons and the ability to interact and socialize with other residents.  The average length of stay in an Assisted Living facility is 28 months.  Many residents in Assisted Living communities received care in their own homes for some period of time before making the move to the community.  So, the total amount of time in which they received Assisted Living care could exceed 3 years for many people.

How many of us will need care?

50-70% of people over age 65 will require fairly significant long term care services at some point in their life.  They’ll need assistance with at least a couple of ADL’s (Activities of Daily Living), such as eating, dressing or bathing and possibly even a higher level of care.  

How do people pay for long term care?

Medicaid offers long term coverage, but only after families spend down all their resources to qualify.  People who have long term care insurance usually get most, if not all, of their expenses covered, whether they hire a home health aide or move into a facility.  If a resident and his/her spouse served active duty in the military, there are Aid & Attendance Veterans benefits available, though there are income requirements.

Share:

Share on facebook
Facebook
Share on twitter
Twitter
Share on pinterest
Pinterest
Share on linkedin
LinkedIn

Related Posts

Donna Buccellato Employee Profile Headshot

Donna Buccellato, Director of Recreation

Background Info:  Donna came to The Villa at Westhampton in November 2019, after spending 20 years with Dominican Village, a retirement and assisted living community in Amityville with over 250 residents.  She was Director of Activities, Transportation & Volunteer Services.  Donna has a BA in Gerontology, with a minor in Music from Molloy College in

The Villa at Westhampton Provides Assisted Living in Luxury & Beauty

Re-published with permission from Dan’s Papers BY TY WENZEL When we consider that living in the Hamptons is often equated with a life of luxury, the question of retiring here doesn’t often come up. There is a way now to retire with dignity while still getting the help that elderly residents sometimes require. Opened in

Elder-care-compassion

What are the Senior Living Options for Older Adults?

Category 1: Adults who are mostly Independent Independent Living – these communities provide very basic services for adults who are mostly independent.  They usually offer one to two meals a day, housekeeping and laundry service, activities, maintenance and security.  There are no care services available and these communities are not licensed by the Department of

Senior Living Expectations – The Golden Years

Should I Stay or Should I Go Now? Throughout our lives, we plan for each stage of life.  In high school, we plan for where we’re going to college or trade school.  After that, we plan for where we’re going to live and work and whether we will marry and have a family.  Once the

The Villa at Westhampton

WHBPAC Gets An Exclusive Look at the Newest Westhampton Destination for Active Seniors printed with permission from the Westhampton Beach Performing Arts Center Featuring: Theatre, Game Room, Art Center Jeffrey Thompson, Executive Director Karen Letterman, Director of Marketing For active seniors who value their independence and lifestyle, the Villa at Westhampton is the perfect place

Go to Top