3 Financially Savvy Ways Seniors Can Preserve Their Health and Budgets
Spend enough time online and you’re bound to come across some pretty costly solutions that promise healthier aging for seniors. While these products and tools can make staying healthy and staying in shape a little easier, you don’t need to spend a small fortune to stay in control of your body and mind as you grow older. The simplest steps can have the biggest impact on your health in retirement, and these steps will have the least impact on your budget.
SHOP AROUND FOR LOW-COST RETIREMENT HOME OPTIONS
When budget is a primary concern, you really need to research retirement homes before you commit to a facility. Now, you may have to relocate to a different state, such as Georgia, Tennessee, or Alabama, to make living in a retirement home more affordable, but making this sort of move can give you access to a facility that offers features like social activities, local attractions, and even pet care. It’s also a good idea to see whether these facilities will allow you to stay in place should you need memory care or other forms of long-term care in the future.
While it may seem like senior care is becoming less affordable, recent statistics show that senior living costs may be decreasing, which means you could be able to negotiate your way into a more comfortable retirement community. Some communities may offer incentives and discounts, but you need to take care that you are not sacrificing your quality of life to save a few pennies. For example, opting for a slightly more expensive retirement home that offers socialization could help enhance your quality of life and lower healthcare costs.
LOOK FOR ONLINE OFFERS TO SAVE ON HEALTH PURCHASES
When you want to boost your health, you may need to pick up a few essentials, such as supplements, workout clothes, or water bottles, but you don’t need to splurge on your health and fitness gear. That’s because, with one simple search, you can find online health deals on just about anything you need to stay in control of your health. You may also want to use these online discounts and cashback deals to pick up a fitness tracker, which can provide valuable insights into your health and consistent motivation to stick to your wellness goals. Once you have all of your health and fitness gear checked off your shopping list, be sure to search those same deal sites for coupons that will help you save on other purchases; avoiding added financial stress in retirement can be a simple solution for avoiding serious health risks.
FIND LOW-COST SOLUTIONS TO REDUCE SENIOR FALL RISKS
Do you know how much a fall could cost you in retirement? According to CDC statistics, senior falls result in $50 billion dollars worth of healthcare costs each year, and many of those expenses are passed on to senior consumers. If you want to avoid high healthcare costs and the need for even more expensive long-term care, you should look for simple ways to reduce your risk of experiencing a serious fall. Start by putting those health and fitness purchases to good use and incorporating balance-boosting exercises into your workout routine. Practice raising one arm and leg together and walking a single line to enhance your coordination and lower your chances of being injured in a fall. Another important step in preventing falls in retirement is making simple home modifications. For around $100, you can increase bathroom safety with grab bars and lowered toilets but more complex changes may be needed. If so, you should look for grants and programs that can make senior home modifications more affordable.
You really don’t have to be rich in order to stay healthy throughout retirement. With so many resources and coupons online, you can preserve your health and happiness without spending a fortune — and you can preserve your golden years as well.
Tagged: budget, healthcare, finances, seniors
