Approaching retirement never sounds easy as you constantly worry about aging, financial stability, and independence. A recent Gallup survey, however, suggests that many American retirees are in for a pleasant surprise. Data shows that 3 in 4 retired individuals think that they have enough money to live comfortably. This indicates a positive perception of retirement.
When people reach this phase, their lifestyles change as well. Their living spaces become increasingly important for comfort, accessibility, and enjoyment. Moreover, most people become empty-nesters with their kids leaving for education, careers, or to start their families.
Designing a home that matches your evolving needs is the secret to a better quality of life as a retiree. Here are some practical home improvement tips to help you create a space perfect for your golden years.
Design a One-Floor Plan
Aging is associated with several health issues, including declining mobility. A study published by BMC Geriatrics shows that nearly one-third of people over 70 and most aged over 80 report mobility restrictions in their apartments and surroundings. This makes them prone to falls, injuries, and hospitalizations.
Subsequent loss of mobility should be a factor to consider when renovating your home as a retiree. Although you may still have several years of good health, being prepared is a wise move. A single-story home is ideal as it eliminates the need for stairs. Also, this layout is more accessible and reduces the risk of falls.
Even if you prefer a multi-story home, the master bedroom should be on the main floor to minimize the need for excessive movement between levels. A one-floor plan offers more than safety and accessibility. It is also energy-efficient, with heating and cooling a single-level floor requiring less energy.
Prioritize Safety Features
Safety is paramount for a home that supports a retirement lifestyle. Aging adults are prone to falls, and the CDC shares some alarming statistics in this context. Falls led to more than 38,000 deaths among people over 65 in 2021. Moreover, nearly 3 million emergency department visits were recorded due to falls in the same age group.
Some essential safety features can be considered when renovating your home as a retiree. You can opt for non-slip flooring materials such as cork, vinyl, or rubber, specifically in high-risk areas such as bathrooms and kitchens. Enhance lighting in stairways, hallways, and bathrooms to reduce tripping hazards.
Install grab bars and handrails in bathrooms for safety and fall prevention. You can also invest in emergency call systems to ensure access to assistance during emergencies like fire and falls.
Opt for Low-Maintenance Materials
Home maintenance can be painfully costly and burdensome for retirees. The last thing you want to do is to spend money on a leaky roof or cracked flooring at this stage in life. Moreover, you may not have the energy and enthusiasm to take up DIY projects. When planning home improvements for a retirement lifestyle, consider low-maintenance material swaps.
For example, vinyl siding is easy to clean and resistant to weathering. The best part is that installing it doesn’t cost a fortune. If renovating your kitchen, switch to quartz countertops as they are durable and resistant to stains. Even if you spill your teas and soups on the countertop, you will not have to worry about cleaning them.
Create a Relaxing Outdoor Space
A relaxing outdoor space makes an ideal home improvement for retirees. According to Pennsylvania State University, aging adults can avail of physical, emotional, and psychological benefits by spending time in nature. Besides health benefits, outdoor time also gives them purpose in life.
Outdoor spaces are ideal for daily leisure and relaxation. For example, a low-maintenance patio or deck is a great place to enjoy the sunshine and fresh air. You can even create built-in seating to spend quality time with loved ones, invite friends, or socialize with neighbors.
Design a gardening space to spend time with plants and nature. Ensure that the area is accessible and easy to manage so that you can pursue an effortless pastime right in your backyard.
Upgrade for a Good Resale Value
Downsizing is a retirement trend in the US. SeniorLiving notes that nearly 51% of Americans over 50 consider downsizing at some point. That means almost half the retirees sell their current homes and move to smaller accommodations for convenience and cost savings.
Even if you plan to stay in your home long-term, upgrading with resale value in mind is a smart move. You may eventually change your mind and move to another home if the current one is too big for you. Similarly, you may want to downsize to a more accessible and safer home down the line.
There are many simple home improvements that make your property sales-worthy. For example, you can add features like lever door handles and zero-step entries. These simple upgrades make your home accessible to a wider range of potential buyers. Invest in energy-efficient appliances and windows to reduce utility bills and appeal to future buyers.
It is worth mentioning that you can explore the option of selling for cash instead of following the traditional process. According to Doctor Home, cash selling is fast, simple, and effortless as you sell directly to a cash buyer. You can sell the property as-is and need not pay realtor commission as well.
Frequently Asked Questions
What is an ideal lifestyle for retirees?
An ideal retirement lifestyle balances relaxation, personal fulfillment, and social engagement. With this approach, you can pursue hobbies, maintain physical health, and stay connected with family and friends. A well-designed home supports this lifestyle by providing spaces for leisure activities and ensuring comfort and accessibility.
What type of home is the best choice for retirement?
Retirees must look for a living space tailored to their needs and preferences. Factors such as accessibility, energy efficiency, and proximity to amenities make it easy to choose an ideal home. Single-story homes with open floor plans are preferred for their safety and ease of navigation. A home with dedicated spaces for hobbies or leisure activities can enhance your retirement experience.
Should you consider downsizing after retirement?
Downsizing can be a practical option for retirees because it often simplifies maintenance and reduces costs. However, the decision should be based on your personal preferences and lifestyle needs. Consider whether downsizing aligns with your retirement goals, such as reducing stress or freeing up resources for travel or hobbies.
A dream home that supports a perfect retirement lifestyle offers a mix of comfort, accessibility, and safety. You may choose to downsize and move into such a home. On the other hand, you can invest in some simple and low-cost home improvement ideas to transform your existing space. Either way, do what you think is best!
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