Decisions, Decisions |
Let’s face it: Florida is a retirement haven. Since the 1800s, people have been moving south to bask in the state’s sunshine, mild winters and hospitality. The beaches, woods and wetlands offer stunning vistas and amenities beyond compare. Fishing and golfing are year-round activities. But where do you begin?
Retirees consider many factors while planning their retirement, especially in a new location. Whatever the final decision on the different living options, a leisurely retirement can only be enjoyed if planning for it starts early. Even if retirement is approaching fast, it is not too late to begin preparation. Consider these key points when choosing a new home, whether on your own, in a retirement community, or a facility with assistance.
- What does the area offer, including museums, clubhouses, golf courses and medical facilities? Are there parks and churches nearby?
- What stores are in the area and how far is it to other towns and cities? Is transportation available for those who don’t drive?
- How many retirement communities are in the area? Is there interaction between communities and facilities? Is the community adult-only? Gated?
- Do residents and clients seem pleased with the services provided? Do residents and caregivers have input into the provision of services? Ask those who are already members of the community.
- Does the staff seem friendly, caring and accommodating to residents and visitors? Is the location easy for family and friends to visit?
- Is the organization licensed and is the staff certified?
- What is the daily or monthly charge for services? What is included in the monthly rate? What other services are available at an extra charge?
- Under what conditions, if any, will the facility require you to move?
- Does the community provide comfortable lounge areas and activity rooms for residents’ use?
- Are nutritious, appetizing meals provided in an attractive dining room?
- Is there an active residents council? Is there an active volunteer program?
- Is the overall community well maintained, pleasing and cheerful? Will the living area fit your lifestyle? Is there room to entertain?
- What will the employment opportunities for a second career or volunteer opportunities be in areas of interest or experience in a new location?
- How will the monthly income be affected, such as Medicaid, if supplemental security income and/or state supplements are received?
- If specialized treatment is required, will the new location be able to accommodate this need?
- Will health insurance benefits, such as a health maintenance organization membership, continue or transfer?
- Will legal directives, such as wills, living wills, health care surrogate and other advanced directives, be honored?
- If funeral arrangements have been made and pre-paid, is the policy “portable,” meaning, will it be valid in another state?
- What will be different in your financial plan in Florida? Tax requirements vary by state. Florida has no income tax, but has an intangible tax on stocks, bonds and receivables.
