Abbotsford News, April 25, 2014

Page 53

Abbotsford News Friday, April 25, 2014

B5

Things to consider before inviting Why not give the BALL a CALL? an aging relative to move in Carole As many seniors age, their ability to live independently is compromised. An older adult may suffer from a medical condition that makes it difficult or impossible for him or her to drive an automobile or manage day-to-day life independently. In such instances, many younger relatives opt to invite an aging parent or grandparent into their homes, a decision that men and women should not take lightly. Asking an aging relative to move into your home is often a selfless decision rooted in the affection you feel for that person. But there are certain things to consider about your home as well as your finances before inviting an aging relative to move in. Space in the home When your household is taking on a new member, you will obviously need to find some space for that person. But if you’re currently at full capacity, then you will need to determine if the space you have is truly capable of handling an additional member of the household. Seniors often value their privacy, so sharing a room is not an ideal option nor one that your relative is likely to

embrace. If you determine you’ll need to remodel or add a new suite to your home, it’s important to know that such projects can be very expensive,

seniors, either. For example, seniors whose physical condition is less than ideal might not be able to get up or down stairs easily and might find

Ball

condition.

Proximity to medical facilities Many seniors need 604-308-5594 www.caroleball.com to visit medical facilities more RE/MAX Little Oak Realty frequently than #9 - 2630 Bourquin Cr. West, Abbotsford younger men and EACH OFFICE INDEPENDENTLY OWNED & OPERATED women. This makes TOP 3% OF REALTORS IN THE FRASER VALLEY BOARD (F.V.R.E.B.) the proximity of your home to relative is considerable. On average, doctors’ offices a significant factor to the cost of in-home care for a parent consider before inviting an aging who requires a home health aide was relative to move into your home. If slightly less than $22,000 per year in your home is far off the beaten path 2011. That’s a considerable amount of or in an area where access to medical money, especially for men and care is sparse, then your loved one’s women whose own retirement is health may be compromised if he or imminent. Because those costs are so she moves into your home. Discuss substantial, many men and women your loved one’s medical condition care for their aging relatives on their and history with them before extending an invitation. If he or she own, which can still prove quite has considerable medical needs and costly over the long haul. Taking on your access to reliable medical that role might impact income you facilities is limited, then you might sorely need, especially if you’re forced need to move before you can to scale back your workload so you comfortably house an aging relative can better care for an aging relative. or explore other housing options for Inviting an aging relative to move this person. into your home is a decision that Personal finances requires careful consideration of a host of factors. The cost of caring for an aging Lifetime Achievement Award

with a room addition very likely costing close to or more than six figures. But men and women with lots of available space in their home may find their home is not ideal for

walking from room to room in a large house to be too physically taxing. Before inviting an aging relative into your home, be sure the space available in your home is suitable for that person and their particular

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