Recently, Longwood at Oakmont, a Presbyterian SeniorCare Continuing Care Retirement Community in Plum, hosted senior housing expert, Rick Hunsicker, who presented “What Seniors Need To Know Today About Homeownership and Senior Living Options.” During the seminar, Hunsicker, Founder and President of Hunsicker Senior Living Services, enlightened greater Pittsburgh area seniors about making the best choices for their future in regards to aging successfully, housing and finances.
“According to the United States Census, in 2050, the number of Americans age 65 and older is projected to be 88.5 million compared to the 40.2 million in 2010,” states Lindsay Coulter, Senior Sales Coordinator at Longwood at Oakmont. “Considering that the senior population is projected to more than double, we believe that it is important to educate our community on how to protect their future from the possible financial risks of retirement.”
During the event, Hunsicker explained the importance of understanding the potential lifestyle and financial issues of aging at home, including safety, the lack of security and protection and the rapidly decreasing value of the housing market. He further expanded on current senior living options and how to make an educated choice on aging successfully which includes considering factors such as:
• Desired type of lifestyle
• Condition of health
• Desired fitness activities
• Level of security needs
• Preferred type of socialization
• Financial situation
“Each individual has a different preferred type of lifestyle they want in retirement,” says Rick Hunsicker. “However, all seniors need to be educated on the future of senior living, so they can prepare for it.”
Hunsicker also demonstrated how to determine the cost of living in the home versus the cost of living in a senior community. He outlined that a “living at home” budget would include mortgage costs, decreasing home values, utilities, home repair work and maintenance, in-home healthcare costs and property taxes. While at a senior living community, housekeeping, meals, transportation, healthcare, fitness programs and utilities are among many amenities included in a pre-determined, tax-deductible monthly payment. For more information about retirement living options, please contact Lindsay Coulter, Senior Sales Coordinator at Longwood at Oakmont at 877-214-8410.
About Longwood at Oakmont
Longwood at Oakmont, an affiliate of Presbyterian SeniorCare, is an established senior residential Life Care community dedicated to enriching the lives of its residents by providing a full range of quality services and health care which promote individual dignity, security, wellness and independence. For more information, please visit www.longwoodatoakmont.com.