Alder Terrace Gardens

Although the COVID-19 pandemic made it more difficult for older adults to afford their living expenses, research published by the United States Census Bureau indicates that one in six older Americans participated in a wide range of needs-based assistance programs before the SARS-CoV-2 virus entered the United States. Melissa Garthwait, Resource Coordinator at Hartford HealthCares Center for Healthy Aging, explains, As We are seeing an increase in elderly that are homeless or being evicted from rental properties. They have lost income sources and had reductions in monthly benefits, and thus are unable to make ends meet and pay their rent as they were prepandemic.Worried about rising costs, many older adults are turning to government-funded programs for help with the cost of housing, utility bills, medical care and food. This guide provides an overview of some of the most helpful programs, along with eligibility information and application instructions for each one. Youll also find information on programs designed to promote civic engagement and help seniors stay connected within their communities.Housing Assistance for SeniorsAccording to Whitney Airgood-Obrycki, a senior research associate for the Joint Center for Housing Studies of Harvard University, its so difficult for older adults to find safe, appropriate housing because incomes for the lowest-income older adults have not risen as fast as rents. If you are on a fixed income, one of these government-funded programs may help you reduce your housing costs or find a  suitable place to live that will allow you to age in place.Home Equity Conversion Mortgages for SeniorsThe U.S. Department of Housing and Urban Development (HUD) insures one type of reverse mortgage: home equity conversion mortgages offered by FHA-approved lenders. With a traditional mortgage, a homeowner must make monthly payments until the principal balance and loan interest are paid in full. As the principal balance decreases, the borrower gains more equity in the home. A reverse mortgage allows a homeowner to give up their equity in exchange for monthly payments, which can be used to supplement a seniors Social Security benefits and other forms of income.Eligibility RequirementsTo qualify for the HECM program, you must be at least 62 years old and meet the following requirements:Own the property outright or have a high percentage of equity in the propertyHave no delinquent federal debtUse the home as your primary residenceAttend an information session with a HUD-approved counselorHave the financial resources needed to keep up with property taxes, HOA fees, insurance and other ongoing expenses related to the homeShow proof of timely property tax and insurance paymentsOwn a home that meets all FHA flood requirements and general property standardsHow to ApplyWhen you apply for the HECM program, be prepared for the lender to verify your income, credit history, monthly living expenses and assets. To begin the application process, contact an FHA-approved lender.Contact InformationTelephone: Call (800) 569-4287 to ask an HECM counselor for a referral.  Website: https://www.hud.gov/program_offices/housing/sfh/hecm/hecmhomeHousing Choice Voucher ProgramHUD also funds the housing choice voucher program, which helps low-income individuals obtain  appropriate housing. Its important to note,Demand for this program is high, so applicants should plan an eventual move to these housing options a few years in advance and put their name on a waiting listexplains Marc Levesque, Resource Coordinator at Hartford HealthCare Center for Healthy Aging.Public housing agencies throughout the United States use HUD funds to pay rent subsidies on behalf of program participants. These agencies pay landlords directly, leaving voucher recipients to pay the difference between the market rent and subsidy. The amount due depends on several factors, but it cant exceed 40% of your monthly adjusted income at the time you move into the unit or sign your first lease as a program participant. Eligibility RequirementsTo qualify for the housing choice voucher program, you must be a U.S. citizen or legal immigrant.  Applicants must also meet certain guidelines regarding income and household size.How to ApplyAlthough the program is funded by HUD, you must contact your local public housing authority to begin the application process.Contact InformationTelephone: Contact the PIH Customer Service Center at (800) 955-2232.Website: https://www.hud.gov/program_offices/public_indian_housing/programs/hcv/aboutHousing Repair Loans and GrantsThe Section 504 Home Repair program provides grants to elderly homeowners to help them eliminate health and safety hazards from their homes. These grants are available to seniors living in eligible rural areas as determined by the U.S. Department of Agriculture. Theres a lifetime limit of $10,000 in grants for each eligible senior.Eligibility RequirementsTo qualify for a grant through the Section 504 Home Repair program, you must be at least 62 years old, own and live in your home, have a household income that doesnt exceed the very low limit and be unable to obtain an affordable loan from another funding source. The income limit varies based on state and sometimes county of residence.How to ApplyTo apply for a Section 504 grant, visit the USDA Rural Development website and download the Uniform Residential Loan Application, Request for Information, Attachment 12-E checklist and Employment and Asset Certification form. Once you have the required forms, contact your local USDA Rural Development office. Contact InformationWebsite: https://www.rd.usda.gov/programs-services/single-family-housing-programs/single-family-housing-repair-loans-grantsLow Income Home Energy Assistance ProgramThe Low Income Home Energy Assistance Program provides federal funds to help households manage their energy costs. Depending on a households needs, LIHEAP may pay for home weatherization or energy-related repairs, provide assistance with overdue utility bills or help participants avoid utility shutoff notices and other energy emergencies.Eligibility RequirementsTo qualify for LIHEAP, you must need help paying your energy-related costs and meet certain income requirements. For a one-person household, the annual income limit is $20,385. The limit increases to $27,465 for a two-person household. If you have additional household members, add $7,080 for each one to determine what the maximum annual income would be for your household size.If you participate in SSI, SNAP, TANF or certain other benefit programs, you may qualify for LIHEAP automatically.How to ApplyTo apply for the program, use the LIHEAP Map State and Territory Contact Listing to find the LIHEAP office for your state or tribe. You can also call the National Energy Assistance Referral project at (866) 674-6327 if you need help finding the right office. Some states contract with local non profit agencies to assist people in need of energy assistance with screening applicants for eligibility, completing and processing the application as well as distributing the funds once approved.Contact InformationWebsite: https://www.acf.hhs.gov/ocs/low-income-home-energy-assistance-program-liheapSupportive Housing for the Elderly ProgramThe Section 202 Supportive Housing for the Elderly Program gives low-income seniors access to affordable housing and a variety of supportive services. Nonprofit organizations use Section 202 funding to expand the supply of affordable housing throughout the United States. Supportive services may include transportation and homemaking tasks including meal preparation.Eligibility RequirementsTo qualify for the Supportive Housing for the Elderly Program, one person in your household must be at least 62 years old. You must also meet the criteria for a very-low income household. To find out if your household is under the annual income limit, use the HUD User website, click Click Here for FY 2021 IL Documentation and use the search tool to find the limits for your county. You may not qualify for Section 202 housing if you have a criminal record, owe debt to a public housing authority, have a recent (within five years) eviction from any type of HUD housing or have had previous housing assistance terminated by a public authority.How to ApplyTo apply for Section 202 housing, find an available unit, contact the apartment manager and submit a rental application. Youll need to provide your name, contact information, criminal history and other details to the prospective landlord. Once your application is complete, youll need to attend an in-person interview with the property manager. Some property managers require just the applicant to attend, while others want to meet every member of your household.  Your state may partner with a local, non profit agency to assist older adults with the application process.  Your local senior center or regional area agency on aging office would know what resources are available within your jurisdiction for housing support.   Contact InformationWebsite: https://www.hud.gov/program_offices/housing/mfh/grants/section202ptlWeatherization Assistance ProgramManaged by the U.S. Department of Energy, the Weatherization Assistance Program provides funds to help homeowners reduce their energy costs and make their homes both cost effective and fuel efficient. As part of the WAP program, homeowners may receive some of the following services:Repair or replacement of HVAC systemsInstallation of programmable thermostats, water heater insulation, heating pipe insulation and solar water heater systemsRepair or replacement of windows and doorsInstallation of low-flow showerheads, energy-efficient lights, solar screens, window awnings and mechanical ventilation systemsTesting of appliances and safety systemsEligibility RequirementsYou may qualify for the WAP program if your income doesnt exceed 200% of the federal poverty level or if you receive Supplemental Security Income (SSI) or Aid to Families with Dependent Children benefits. Depending on where you live, your state may use LIHEAP criteria, which means you may qualify for the WAP program if your household income is at or below 60% of your state median.How to ApplyTo apply, use the Energy.gov website to find your state weatherization administrator. Each state is allowed to set its own application requirements, so follow the instructions provided by the administrator in your area.Contact InformationWebsite: https://www.energy.gov/eere/wap/weatherization-assistance-programGovernment-Funded Health ProgramsAlthough millions of older adults have access to Medicare, some of them put off going to the doctor or getting essential health screenings. According to an analysis of findings from The 2021 International Health Policy Survey of Older Adults, If out-of-pocket costs for health care services are not affordable, some older adults will postpone nonurgent care or forgo it entirely. Seniors with limited financial resources may skip their medications, avoid getting recommended diagnostic tests or delay follow-up exams to limit their out-of-pocket costs. Deidre Sommerer, LPN, MS, CMC, CDP,  Geriatric Care Manager at Hartford HealthCare Center for Healthy Aging, clarifies, Federal programs which provide needed access to basic healthcare services and supports helps seniors receive the necessary care and services they need to prevent disease and maintain optimal health. If high out-of-pocket expenses have been causing you to delay care, you may be able to enroll in one of the programs below to make your costs more manageable.MedicareMedicare is a health insurance program that covers a variety of medical services for older adults and some younger people with Lou Gehrigs disease, end-stage kidney disease and other disabilities. Original Medicare is managed by the federal government and includes Part A (hospital insurance) and Part B (medical insurance). Most people pay no premium for Part A coverage, but theres a monthly premium for Part B. Medicare Advantage Plans are sold by private insurance companies. Each plan must cover all the services covered by Original Medicare, but insurers are allowed to offer additional benefits. You will still pay your Original Medicare premium and may have to pay copays, co-insurance and deductibles for the services you receive. If you sign up for Medicare Advantage, youll pay a monthly premium to your insurance provider.Eligibility RequirementsMedicare coverage is available to adults who are aged 65 and older or have a qualifying medical condition. To qualify for premium-free Part A coverage individuals must meet the following criteria:  You must have worked and paid into Medicare for 10 years (40 quarters) and filed an application for Social Security or Railroad Retirement Benefits.You receive retirement benefits from the Railroad Retirement Board or Social Security.Youre eligible for retirement benefits from the Railroad Retirement Board or Social Security, but you havent applied for them yet.You or your spouse worked for a government employer that was covered by Medicare.You are entitled to receive Medicare based on your earnings or the earnings of a spouse, parent, or child. There are no residency requirements for U.S. citizens or lawfully present non-citizens who are entitled to premium free Part A.How to ApplyTo apply for Medicare, fill out the application on the Social Security Administration website, call (800) 772-1213 or visit your local Social Security office. If you decide to switch to Medicare Advantage at some point, use the Medicare Plan Finder tool to search for plans available in your area. Once you find a plan that meets your needs, call (800) 633-4227 or go to the plan providers website to download an enrollment form or enroll online.Another way to apply is through the State Health Insurance Assistance Program (SHIP) that is federally funded through the Older Americans Act.  Most SHIP services are available through the Area Agency on Aging (AAA) in each state of the U.S. The AAA are subdivided within each state to serve each region and administer free, unbiased counseling/advice on Medicare options and provide education to consumers about the different parts of Medicare and their costs. Contact InformationTelephone: (800) 633-4227  Website: https://www.medicare.gov/ or www.shiphelp.orgMedicare Savings ProgramsAlthough Medicare is more affordable than many other types of health insurance, its not free. You must pay a monthly premium for Part B, along with some other out-of-pocket costs. The premium cost in 2022 is $170.10, an increase of $21.60 from 2021. Medicare Savings Programs make these costs more manageable. Available programs include the Qualified Medicare Beneficiary Program, Specified Low-Income Medicare Beneficiary Program, Qualifying Individual Program and Qualified Disabled and Working Individuals Program.Eligibility RequirementsTo qualify for one of these programs, you must meet certain income and resource requirements in most states. Countable resources include stocks, bonds and the money you have in your bank accounts. Your home, one vehicle, furniture and personal items arent counted toward the resource limit. You must also be eligible for Medicare Part A to qualify for an MSP.  Eligibility criteria varies from state to state so be sure to check with your local area agency on aging to get updated income and asset thresholds that pertain to the state you reside in.ProgramIncome Limit*Resource LimitType of AssistanceQualified Medicare Beneficiary $1,153 for individuals$1,546 for married couples$8,400 for individuals$12,600 for married couplesPart A premiumsPart B premiumsDeductibles, copays and coinsurance for services covered by MedicareSpecified Low-Income Medicare Beneficiary $1,379 for individuals$1,851 for married couples$8,400 for individuals$12,600 for married couplesPart B premiumsQualifying Individual$1,549 for individuals$2,080 for married couples$8,400 for individuals$12,600 for married couplesPart B premiumsQualified Disabled and Working Individuals$,4615 for individuals$6,189 for married couples$4,000 for individuals$6,000 for married couplesPart A premiums* The income limits are higher in Alaska and Hawaii.How to ApplyTo apply for an MSP, contact your state Medicaid agency or SHIP. Contact InformationWebsite: https://www.medicare.gov/your-medicare-costs/get-help-paying-costs/medicare-savings-programsMedicaidMedicaid is a federal program that covers many medical services, including doctor visits, X-rays, hospital care, lab tests and home health care. Depending on where you live, you may even qualify for a waiver program, giving you access to additional services to help you stay in your home by providing nursing home level of care in the community.Eligibility RequirementsMedicaid coverage is automatically available to SSI recipients. You may also qualify for Medicaid if you meet certain financial requirements. Since Medicaid is administered at the state level, the income and asset limits depend on where you live. Although the Affordable Care Act changed the way Medicaid income limits are calculated for most applicants, state Medicaid agencies typically use the SSI income methodologies to set limits for applicants applying on the basis of age, blindness or disability. Some states use their own methodologies, meaning some are more restrictive than others.How to ApplyTo apply for Medicaid, contact your state Medicaid agency. If your state doesnt have its own health insurance exchange, you can also apply via the federal Health Insurance Marketplace.Contact InformationWebsite: https://www.medicaid.gov/Institutional MedicaidInstitutional Medicaid covers many of the medical and social services needed to keep older adults as active and engaged as possible. Other types of Medicaid dont cover room and board at skilled nursing facilities, but Institutional Medicaid does. The program covers  hospital care, skilled nursing/rehabilitation facilities and mental health facilities. If you qualify for Institutional Medicaid, you may be able to use it to pay for long-term care, skilled nursing, rehabilitation or other services provided in an institutional setting.Eligibility RequirementsAlthough the federal government develops Medicaid regulations, each state is responsible for managing its Medicaid program. Therefore, the eligibility requirements vary from state to state. For Institutional Medicaid, the monthly income limits are usually higher than those for regular Medicaid. Your state may also have an asset limit, meaning youll need to provide information on any cash, bank accounts, investments, insurance policies and other assets you own to determine if youre eligible.How to ApplyTo apply for Medicaid coverage, contact your state Medicaid agency. Many agencies allow you to apply online, fill out a paper application or apply in person or via the telephone.Contact InformationWebsite: https://www.medicaid.gov/medicaid/long-term-services-supports/institutional-long-term-care/index.htmlProgram of All-Inclusive Care for the ElderlyIf you require a nursing home level of care and want to stay in your community, you may qualify for PACE, a program that covers all Medicaid- and Medicare-approved services. PACE gives you access to a team of health care professionals responsible for coordinating your care and making sure you get the services you need to continue living in your community. Theres no monthly premium for PACE if youre eligible for Medicaid. If youre on Medicare, youll pay a monthly premium, but there are no copays or deductibles for the services you receive.Eligibility RequirementsTo qualify for PACE, you must meet the following requirements:At least 55 years oldLive in an area served by a PACE organizationHave the ability to stay in your community if you receive services through PACERequire a nursing facility level of careHow to ApplyTo check your eligibility and find out how to apply, contact your state Medicaid agency or use the PACE Plan Finder to locate a PACE office near you.Contact InformationWebsite: https://www.medicare.gov/your-medicare-costs/get-help-paying-costs/paceFood and Nutrition Programs Administered by Government AgenciesFood insecurity is a major problem for seniors in the United States. Researchers from Feeding America report that 7.1% of older adultsmore than five million peopleexperienced food insecurity in 2019, which is the most recent year with available data. According to this report, State-level rates of food insecurity among seniors ranged from 2.9% in Minnesota to 13.5% in the District of Columbia. Food insecurity refers to difficulty accessing foods that can help an individual live an active, healthy life. If you struggle to pay for groceries or access fresh fruits and vegetables, one of the programs below may be able to help.Senior Farmers Market Nutrition ProgramThe Senior Farmers Market Nutrition Program gives low-income seniors access to locally grown produce, herbs and honey. Participating in the SFMN program reduces your monthly grocery costs, making it easier to afford nutritious foods.Eligibility RequirementsYou must be at least 60 years old and have a household income that doesnt exceed 185% of the federal poverty level.How to ApplyThe SFMN program is administered at the state level. For information on applying, contact the distribution agency in your area.Contact InformationWebsite: https://www.fns.usda.gov/sfmnp/senior-farmers-market-nutrition-programSupplemental Nutrition Assistance ProgramThe SNAP program provides a monthly supplement to help eligible households pay for food. If you qualify, youll receive an EBT card that works like a debit or credit card. With these EBT cards, you can purchase food at approved supermarkets and retail stores. Produce, meat, fish, poultry, breads, cereals, dairy products and many other foods can be purchased with SNAP benefits. SNAP doesnt cover alcoholic beverages, live animals or foods that are prepared in a store and purchased while theyre hot.Eligibility RequirementsTo qualify for SNAP, you must have no more income than $3,750 if at least one person in your household is aged 60 or older. If youre under age 60 and have no older adults living with you, the limit is $2,500. The resource limit doesnt apply if you receive SSI or TANF benefits. SNAP also limits you to no more than $1,396 in gross monthly income and no more than $1,074 in net monthly income for a one-person household. Gross income is the amount of income you have before any deductions are made whereas net income is your gross income minus certain deductions. If you live in a two-person household, the limit is $1,888 in gross monthly income and $1,452 in net monthly income.How to ApplyTo apply for benefits, use the SNAP State Directory of Resources to find a SNAP office near you. Each state has its own application process, so youll need to follow the instructions provided by your state agency.Most towns/municipalities employ a social worker who can assist with determining if one is eligible for SNAP and applying for the benefit.  Contact your nearest senior center for more information regarding resources to assist with the SNAP process.  Contact InformationWebsite: https://www.fns.usda.gov/snap/supplemental-nutrition-assistance-programThe Commodity Supplemental Food ProgramThe Commodity Supplemental Food Program helps make it easier for low-income seniors to get the nutrients that are often missing from their diets. CSFP packages dont meet 100% of an individuals nutritional needs, but they contain protein and other essential nutrients that can help recipients improve their health. The foods available include canned chicken, peanut butter, tuna, corn, potatoes and beans.Eligibility RequirementsYou must be at least 60 years old and reside in a state or on an Indian reservation that participates in the program. Your income must also be at or below 130% of the federal poverty level.How to ApplyTo apply for the Commodity Supplemental Food Program, use the USDA website to find out if your state or reservation participates. Then, contact your local agency for instructions on applying.Contact InformationWebsite: https://www.fns.usda.gov/csfp/commodity-supplemental-food-programThe Emergency Food Assistance ProgramAdministered by the USDA Food and Nutrition Service, TEFAP makes nutritious foods available to food banks, community action agencies and other organizations. These organizations distribute food to low-income households or use it to prepare congregate meals at senior centers and other sites. Depending on growing conditions and other factors, you may receive apples, oranges, peaches, beans, carrots, potatoes or other fruits and vegetables.Eligibility RequirementsTo receive food via TEFAP, you must meet the eligibility guidelines established by your state. If you receive prepared meals in a community setting, youre not subject to a means test. If you receive TEFAP assistance through a food bank or other organization, then your income must fall below the state limit. Some states have more restrictive limits than others.How to ApplyTo apply for TEFAP, use the USDA Food and Nutrition Service website to find your state distributing agency. Then contact the SDA to discuss the application requirements for your location.Contact InformationWebsite: https://www.fns.usda.gov/tefap/emergency-food-assistance-programSupplemental Income and Employment ProgramsSeniors often need extra help paying for basic necessities because their income isnt high enough to pay for housing, food, health care and other needed services. According to the Administration for Community Living, the 2019 annual median income for older people was just $27,398. The report also indicates that 4.9 million people aged 65+ lived below the poverty level and another 2.6 million were near-poor. In addition to the extra income, work for seniors can provide an activity to fill idle time, enhance socialization and create a sense of worth and purpose, adds Mr. Levesque. If your current income isnt enough to meet your needs and you long for purposeful work, you may be able to find what youre looking for through one of these supplemental income and employment programs. American Job Centers/CareerOneStopIf youre able to work, American Job Centers can help you find employment in your area. Trained counselors are available to provide free employment assistance, which may include job training, skills testing, practice interviews, employment workshops and supportive services. The CareerOneStop website also has educational materials on applying for jobs, writing resumes, planning your job search and other employment-related topics.Eligibility RequirementsAll Americans are eligible to receive free employment assistance through American Job Centers. You dont have to meet any income, asset or age requirements.How to ApplyYou dont need to submit an application for assistance. Simply visit your local American Job Center to request help.Contact InformationTelephone: (877) 872-5627 Website: https://www.careeronestop.org/AmeriCorps SeniorsVolunteering is a great way to stay active and maintain a connection to the people in your community. AmeriCorps Seniors connects older adults with volunteer opportunities that are carefully selected to meet their needs. Reading to children, helping families affected by natural disasters and delivering groceries to homebound seniors are just a few of the opportunities available. Some programs even offer a stipend to low-income volunteers.Eligibility RequirementsYou must be at least 55 years old to join AmeriCorps Seniors. Depending on your interests, you may have to undergo additional screening. For example, if you want to read to children or serve as a foster grandparent, you may need to undergo a criminal background check and/or obtain your child abuse history clearances.How to ApplyTo apply, visit the AmeriCorps.gov website, create a profile and search for opportunities that match your interests. If you find one, complete the online application and submit it for processing.Contact InformationTelephone: (800) 942-2677Website: https://americorps.gov/Federal Employees Retirement SystemThe Federal Employees Retirement System provides three types of retirement benefits for federal employees: Social Security, a Basic Benefit Plan and a Thrift Savings Plan. The Social Security and TSP benefits stay with an employee even if they leave the federal government to work for a private employer or state agency. FERS benefits can be used to supplement your income if you retire or reduce your work hours.Eligibility RequirementsEligibility for FERS benefits depends on your age and other circumstances. In some cases, you need to reach your minimum retirement age, which is based on the year you were born. The minimum age ranges from 55 for people born before 1948 to 57 for those born in 1970 or later. You may also need to submit a retirement application and meet other requirements. For example, you may be required to complete a minimum number of years of service.How to ApplyIf youre interested in a deferred/postponed retirement benefit, fill out the FERS Application for Deferred or Postponed Retirement and mail it to the following address:Office of Personnel ManagementFederal Employees Retirement SystemP.O. Box 45Boyers, PA 16017-0045If you want an immediate retirement benefit, fill out the FERS Application for Immediate Retirement and mail it to the Office of Personnel Management at the address above.Contact InformationWebsite: https://www.opm.gov/retirement-services/fers-information/Senior Community Service Employment ProgramAdministered by the U.S. Department of Labor, the Senior Community Service Employment Program provides job training to low-income seniors. Participants perform volunteer services at nonprofit organizations, schools, hospitals, senior centers and other sites, but theyre paid the local, state or federal minimum wagewhichever is highest. If you enroll, youll have the opportunity to learn new skills that can help you transition to a regular job.Eligibility RequirementsTo qualify for the SCSEP, you must be at least 55 years old, have a household income that doesnt exceed 125% of the federal poverty level and be unemployed. Priority is given to adults over the age of 65 and individuals with disabilities.How to ApplyUse CareerOneStop to search for a local SCSEP by zip code. If you find a program that matches your needs, contact a program representative directly to discuss the application requirements.Contact InformationWebsite: https://www.dol.gov/agencies/eta/seniorsSupplemental Security IncomeSupplemental Security Income provides cash benefits to seniors and disabled adults who have limited financial resources. You can use these benefits to pay for food and other necessary expenses. Unlike Social Security retirement benefits, the SSI program isnt funded by payroll taxes. Even if you receive Social Security, you may still be eligible for SSI.Eligibility RequirementsTo qualify for SSI, you must meet the following requirements:At least 65 years old, blind or disabledA U.S. citizen, national or resident alienReside within the United States., the Northern Mariana Islands or the District of ColumbiaNot currently incarcerated in jail or another institution funded by the governmentHave limited financial resourcesHow to ApplyTo apply online, visit the Social Security Disability Benefits website and click Apply for Disability. Even if youre not disabled, you can still use this application to apply for SSI benefits. You can also call (800) 772-1213 or request an appointment on the Social Security website.Contact InformationTelephone: (800) 772-1213Website: https://www.ssa.gov/ssi/Additional Forms of Government Aid for SeniorsEven with adequate financial resources, the costs of getting older can add up quickly. Fortunately, there are several government-funded programs available to help you stay active and get affordable advice on legal and financial issues.America the Beautiful Senior PassIf you love the outdoors, the America the Beautiful Senior Pass can make it much more affordable to visit national parks and other scenic sites. The pass, which costs $20 per year or $80 for the lifetime version, covers your admission to all national parks, forests, wildlife refuges and grasslands. It also covers admission to any lands managed by the U.S. Army Corps of Engineers, the Bureau of Reclamation and the Bureau of Land Management.Eligibility RequirementsTo qualify for the Senior Pass, you must be at least 62 years old and a U.S. citizen or permanent resident.How to ApplyTo buy a lifetime pass or yearly pass online, go to the  U.S. Geological Survey store and add it to your shopping cart. You can also purchase a pass at a federal recreation site or download the application and mail it to the following address:USGSAttn: Senior PassP.O. Box 25286Denver, CO 80225Contact InformationWebsite: https://www.nps.gov/planyourvisit/passes.htmElder Justice InitiativeThe Elder Justice Initiative is an effort by the U.S. Department of Justice to protect older adults from abuse, fraud, scams and neglect. In addition to investigating and prosecuting crimes committed against senior citizens, the EJI trains professionals involved in elder justice efforts, supports policy research and connects the victims of elder abuse with appropriate resources.Eligibility RequirementsAny senior citizen can contact the EJI to report abuse, neglect or financial exploitation. If youre referred to a local or state agency, you may need to meet that agencys eligibility requirements to receive specific services.How to ApplyIf you need help, you dont need to fill out an application. You can report fraud by calling the National Elder Fraud Hotline at (833) 372-8311 or report abuse to the Adult Protective Services agency in your state. The National Adult Protective Services Association has contact information for every state on its website.Contact InformationWebsite: https://www.justice.gov/elderjusticeNCOA Reverse Mortgage Counseling ServiceIf youre thinking about getting a reverse mortgage, its wise to discuss your options with a trained professional. The National Council on Aging can help you determine if a reverse mortgage is appropriate for your circumstances. It can also refer you to other services that can help you stay in your home or determine if youre eligible for public benefits that could help you pay for utilities, groceries and other household expenses.Eligibility RequirementsYou must be at least 62 years old to qualify for reverse mortgage counseling. The service isnt free, but you may be able to delay payment until your mortgage closes. To qualify for a payment delay, your income must fall below 200% of the federal poverty level.How to ApplyCall (855) 899-3778 to schedule a counseling session.ContactWebsite: https://www.ncoa.org/article/reverse-mortgage-counselingTax Credit for the Elderly and DisabledOlder adults and disabled individuals may qualify for a federal tax credit worth $3,750 to $7,500. This credit reduces the amount of tax you owe to the Internal Revenue Service.Eligibility RequirementsTo qualify for the Tax Credit for the Elderly and Disabled, you must meet one of the following requirements:Be aged 65 or older and have an adjusted gross income below certain limits; instead of using AGI, you can use the total of your nontaxable pensions, annuities, Social Security benefits and disability income to determine your eligibility, if applicable.Be on disability and have received taxable disability income during the tax year.How to ApplyYou dont need to apply for this credit. Instead, work with your tax preparer or accountant to determine if you should take the credit on your federal tax return.Contact InformationWebsite: https://www.irs.gov/credits-deductions/individuals/credit-for-the-elderly-or-the-disabledGovernment Assistance for VeteransIf you served in the United States military, you may be eligible for benefits available to veterans and their family members. These benefits can help you get medical care and other services.Department of Veterans AffairsThe Department of Veterans Affairs operates hospitals and other health care facilities throughout the United States. You can also access educational and disability benefits through the VA system. Eligibility RequirementsEach program or service has its own eligibility requirements. Some programs are available to veterans with limited financial resources, while others are available to all veterans who served on active duty or in the reserves. You may also have to prove that you were disabled as a result of your service to receive certain benefits.How to ApplyTo learn more about VA benefits and find out how to apply for each program, visit the Veterans Benefits Administration website.Contact InformationTelephone: (800) 698-2411Website: https://www.va.gov/Military Health SystemThe Military Health System provides health care services to service members, veterans and their family members. TRICARE, which provides comprehensive health benefits to service members and their families, is one of the key components of the MHS. TRICARE covers a wide range of services, including preventive care, lab tests, X-rays and hospital care.Eligibility RequirementsTo qualify for TRICARE coverage, at least one of the following must apply:Youre a uniformed service member, National Guard/Reserve member or a family member of a service member or reservist.Youre the former spouse of a reservist or uniformed service member.Youre a Medal of Honor recipient or the family member of a recipient.Youre considered a survivor.How to ApplyTo enroll, visit the TRICARE website, select a plan and complete the enrollment paperwork. Depending on the plan you select, you may be able to enroll on the MilConnect website.Contact InformationTelephone: Call the TRICARE contractor or partner in your area. The TRICARE website has a directory of telephone numbers.Website: https://www.tricare.mil/

If youre a senior considering moving in your later years, you arent alone. Many older people decide to transition, either to a smaller house or an assisted living community. If the thought of sifting through your belongings and packing them all up stresses you out, a senior moving specialist may be helpful. Daily Caring explains that a professional moving manager can assist with everything from planning the move to arranging shipping and storage of boxes.Read on for tips for a seamless move, courtesy of Alder Terrace.Figure Out What to do with Your HouseBefore scheduling a mover, you need to figure out what to do with your old home. If you are planning to leave it to children as an inheritance, you can make the transfer now. Alternatively, you can sell your property and use the money to fund your move. It continues to be a sellers market, which can be advantageous to you especially if you would like to tuck it away for future senior care.If you choose to sell, youll want to give your property a little TLC. Look at what is currently selling in your area, and make a few changes accordingly. It may be as simple as swapping out some old fixtures for newer ones, or adding a fresh coat of paint to the inside. Curb appeal is also a major factor in a homes selling potential. If your lawn has seen greener days, work with a local landscaping company to get it healthy again. Likewise, if your trees havent been trimmed in years, now is the time. Look online for a local company providing tree trimming services and read through their reviews. Good tree trimmers are a little more expensive, but it is worth the upgrade. Fallen branches or trees that fall the wrong way can do substantial damage to your property. Thats not a risk you should be willing to take.Plan Your Move in AdvanceOnce you know what to do with your old home, you can start looking towards the future and planning your move. Note that some senior moving services can help you with these logistics. In case youre going it on your own, The Spruce offers a comprehensive guide to organizing and preparing a household move. They note that you also need to consider your budget when moving, accounting for the costs of everything from movers to packing supplies. Advanced planning can help minimize expenses.Get Help with DeclutteringCleaning and decluttering is one of the major steps of preparing for a home sale. Theres no point in packing boxes full of things you no longer want or need. Its logical to declutter your home and pare down your belongings before moving. Identify what you no longer need and then either throw out, sell, or give away these items.Senior moving services can help on this point as well. Decluttering on your own can be tough. Senior Safety Advice points out that it can be emotionally difficult to detach from items with sentimental value, for example. Its helpful to have a professional assist you in the process and take care of the tedious tasks, like getting unwanted items donated or putting little-used goods into storage.Leave the Packing to Someone ElseThe actual act of packing boxes can also be challenging, especially for seniors who are experiencing mobility issues. Again, senior moving professionals can take this job off your hands. Real Simple provides a moving checklist that can help you streamline the process as you collaborate with your moving support professional. For example, they note the importance of carefully labeling boxes to avoid mixups. Its best to label them according to which room they go to, since the movers can then simply put them in that room upon arrival.Alleviate Moving-Related Stress with Help from Compassionate ProfessionalsGetting support from a professional simply makes moving less stressful. Senior movers are driven by compassion and a desire to help, which can make the moving process much easier for elderly individuals. Knowing you have someone you can count on is invaluable in this transition period. Life Storage Blog provides tips for identifying early signs of stress, like irritability or insomnia. If youre experiencing such symptoms, alleviate the burden by hiring a senior mover.Moving as you get older poses unique challenges. However, you dont have to go it alone. Start by deciding how to manage your current home, and what services youll need if you choose to sell. Then find the right helpers to prevent you from getting overwhelmed by the process. Moving can be an exciting opportunity, so dont let the stresses overwhelm you in the process.If you or your senior loved one is looking to move into a community that offers care while allowing residents to maintain their independence, consider Alder Terrace. Our experienced staff and customizable options will give your senior loved one the support and care they need.

As children grow up and move out of their parents homes, many parents find themselves wondering what to do next. For some empty nesters, the answer is to move closer to their adult children. This decision can provide parents with the opportunity to be more involved in their childrens lives while also providing them with the chance to explore new neighborhoods and communities. However, moving as an empty nester comes with its own unique set of challenges. Here are some important steps to take when youre looking to move closer to your adult children, courtesy of Alder Terrace Gardens.Consult Your Adult ChildrenBefore you start packing up your belongings, its important to have a conversation with your adult children about your plans to move closer to them. Make sure they are on board with your decision and discuss their availability to help with the move, such as by assisting with house hunting or helping with packing and unpacking. Its important to make sure that everyone is on the same page before making any big decisions.Visit Neighborhoods That Interest YouOnce you have the support of your adult children, its time to start exploring potential neighborhoods and areas near them that youre interested in living in. Take the time to visit these neighborhoods and see what they have to offer in terms of amenities, community events, and facilities for seniors. Consider the proximity to medical facilities and other essential services that you may need access to as a senior, such as grocery stores and pharmacies.Make Digital Copies of Your Paper RecordsMoving as an empty nester often means downsizing your living space, which means youll need to get rid of some of your belongings. However, there are likely some important documents and records that youll want to keep with you. To save space, its a good idea to digitize these records. Save them as PDFs to ensure accessibility and easy sharing with your adult children and other family members.Budget for RelocationMoving can be expensive, so its important to create a budget for all the relocation expenses youll incur. This includes the cost of hiring movers, any upgrades or repairs you need to make to your new home, and any fees associated with selling your current home. Make sure to factor in any unexpected expenses that may arise as well.Research Nearby Services and AmenitiesAs you get older, you may find that you need some extra help with tasks such as housekeeping, personal care aides, and meal delivery. Research nearby services that offer these types of assistance so that youre prepared if you need them later on.Look for a Senior-Friendly HomeWhen looking for a new home, make sure to consider senior-friendly features such as single-level living, wider hallways and doorways, and easy-to-use fixtures such as lever-style door handles and faucets. These features will make your home more comfortable and accessible as you age. Take a look at Alder Terrace Gardens available accommodations.Use a Home Maintenance and Repair AppIf you need to upgrade your new home to make it more senior-friendly, consider using a home maintenance and repair app to make the process easier. For example, with the Frontdoor app, you can connect with local service providers and receive estimates for the cost of repairs or upgrades. You can also talk to contractors and experts face-to-face to ask questions about any potential repairs that you can handle by yourself.Take a Look at Assisted Living FacilitiesFinally, its important to plan for the future by exploring assisted living facilities in the area. While you may not need these facilities now, its important to have a plan in place for when you do. Research the options and consider visiting a few facilities to get a sense of what they offer.Making the decision to move closer to your adult children as an empty nester can be a life-changing experience. Follow these crucial steps to ensure that your relocation is a seamless and prosperous one. Enjoy the opportunity to explore new neighborhoods, create new memories with your loved ones, and plan for a happy and healthy future in your home.

If you have a parent or loved one with dementia, youre probably aware of the cognitive decline that can come with aging. For seniors who once loved reading, poor short-term memory and an inability to focus after a diagnosis may mean they rarely pick up a good book. However, reading can greatly benefit people in the early stages of Alzheimers disease or another form of dementia, and there are ways to help your loved one continue to enjoy this hobby. The Centers for Disease Control and Prevention or CDC estimates that almost 6 million people in the United States have Alzheimers disease or a related form of dementia. For these people, reading can be an inexpensive and easy way to feel better. In general, reading regularly can help reduce stress and increase social connections, while reading into old age can reduce memory decline by more than 30 percent. At the same time, life-long readers have been shown to be better protected from Lewy bodies, which cause dementia. Many people with dementia retain their ability to read, and experts recommend that they continue to do so.This guide looks at the benefits of reading for people with dementia and how to help your loved one continue reading. It also has information on how to join a library and how they can assist seniors and people with dementia. Table of ContentsHow Libraries Help Older AdultsThe Top Benefits of Reading for People With DementiaHow To Help People With Dementia Read More How To Get a Library CardFurther Assistance To Help Seniors ReadHow Libraries Help Older AdultsLibraries can be great resources for all seniors, providing free access to books, entertainment and a social atmosphere. For people with dementia, it can offer a calm environment in a public space. This is especially true for seniors who were regular library visitors earlier in their lives. Libraries can also provide you and your loved one with information about their condition and resources on caregiving.The Top Benefits of Reading for People With DementiaFor many seniors, health declines as they get older. For people with dementia, this decline is generally seen in progressive cognitive impairment. However, as reading is exercise for the brain, it can help keep the brain fit. Although the benefits of reading havent been widely studied, research shows how it can improve senior health. Decrease in Dementia SymptomsNumerous studies show that reading can delay the onset of dementia. A 2021 study published in Neurology found that cognitive activities, like reading, can delay dementia onset by 5 years, and a 2023 study found a lower risk of dementia among people who engage in mental activities such as reading books. There are also reports that reading can decrease symptoms among people already diagnosed with dementia, although these tend to be more anecdotal. One Australian researcher observed that reading groups helped improve the mood of people with dementia and decrease agitation and isolation. Some experts also believe that reading every day helps preserve memory and language. This can help slow the progress of dementia. Reduced StressFor many older adults, stress increases the severity of dementia symptoms. Thankfully, reading a good book can reduce stress. Although no studies focus primarily on seniors, the research that has been conducted shows benefits to people of all ages. A 2009 study found that just 30 minutes of reading reduces stress as effectively as yoga. A similar study from the University of Sussex found that a persons heart rate and stress levels decrease by 68% after just six minutes of reading. Building Positive RelationshipsReading in groups, such as in book clubs, can build social connections. Discussing books can help people with dementia maintain analytical and verbal skills; this activity also provides the opportunity to talk about any feelings brought up by recent reads. This can be especially useful if seniors are reading about the experiences of other people with dementia. Reading also increases empathy. This lets people understand other people's feelings and is essential to building relationships. Seniors who read books that concentrate on characters' inner feelings may find it easier to stay connected to their family and caregivers. Increased LongevityA study into the reading patterns of 3,600 older adults suggests that reading increases overall health. The long-term research found that the risk of mortality decreased by 20% in people who read books compared to those who dont. However, the study only saw benefits in book readers; reading magazines or newspapers didnt provide the same results.How To Help People With Dementia Read More Most people with dementia retain their ability to read, especially in the early stages of the disease. However, some effects of the condition may reduce the enjoyment they get from reading, making them unlikely to pick up a book. This includes short-term memory loss and difficulty focusing. The following tips can help you encourage your loved one to continue reading. Read TogetherSpend time reading together. This doesnt necessarily mean reading the same material, although thats an option. Rather, if youre quietly focusing on reading, your loved one may also find it easier to concentrate on the reading material. Read AloudReading aloud to people with dementia can help them focus on the story rather than struggling to concentrate on the page. It still has all the benefits of reading, such as focusing on a story and thinking about the content. In addition, it gives you the opportunity to discuss the book with your loved ones, which can enhance these positive impacts. Audiobooks may also help seniors with dementia enjoy stories.Choose Materials WiselyExperts suggest that the best books for people with dementia have the following elements: pictures, a clear main topic and 10 to 15 lines of text. When these elements are combined, they cause less brain strain, which equates to more reading time. Its important to pick material that interests the reader. Although childrens books often meet the above criteria, the plots dont generally capture the imagination of older adults. Thankfully, there are authors writing specifically for people with dementia, such as Emma Rose Sparrow and Hugh Morrison. The Alzheimers Association maintains a list of authors that your loved one may enjoy.There are further recommendations based on how far the condition has progressed:Mild dementia: Short novels, short stories and news articlesModerate dementia: Short poetrySevere dementia: Familiar materials, such as proverbs and popular poems Make Notes on ContentIt can be frustrating to pick up a book and forget whats happening in the plot. For seniors with short-term memory loss, this is a common problem. You can help your loved one make notes about the plot at the end of each reading session. They can then review the notes before they continue reading, allowing them to focus on enjoying the story. Incorporate a Social ElementBook clubs can enhance the benefits of reading by encouraging seniors to think about and discuss stories. Bibliotherapy is one type of reading group that can help seniors with dementia. Its built around the benefits of reading aloud as a group. In this practice, a facilitator reads books about the condition or creative works to a group. In people with dementia, these stories can spark memories that encourage talking and remembering. You may wish to investigate if theres a bibliotherapy group for people with dementia near you. Eliminate DistractionsIt can be easier to focus without any distracting elements. Set up a quiet reading nook with comfortable seating and good lighting. Turn off the radio and television or choose soothing background music. Eliminating these distractions can help people with dementia concentrate on reading material. Keep Reading Material AccessibleHave suitable reading material available in your loved ones environment. This lets them easily find something to read when the urge strikes. Suitable material can include books, newspapers and magazines. How To Get a Library CardJoining a library is a good way to get free access to a wide range of books. You may worry that specialized books for people with dementia and Alzheimers disease wont be available in your local library. However, many libraries have interlibrary loans available so you can access a broader range of books, including educational resources about the conditions. You can also talk to your librarian about ordering these books, as having these resources available benefits the whole community. If your loved one doesnt already have a library card, you can help them become a library member. As libraries are generally run by city or county governments, the steps to sign up can be slightly different. However, its generally a simple process:Visit the library during opening hoursTell the librarian that your loved one wishes to get a library cardFill in the form that the librarian gives youProvide proof of your loved one's residential address via a drivers license, utility bill or proof of age cardReceive their library cardThe librarian can also give you information about any dementia-specific programs available at the library. You may also be able to sign your loved one up online. In some libraries, an online membership gives you access to digital media, such as e-books and audiobooks. In other libraries, residents with an online membership gain full access to the librarys collection. This allows seniors who dont drive to access a wide range of materials.Again, the steps to sign up online may differ between libraries, but are generally easy to follow: Find the website for the local library Look for the link to online signupsFill in the formProvide any proof of residence requiredReceive a record of the membership numberUse the membership number to borrow booksIf youre looking for a wider range of books to interest your loved one, you may be able to join a library in a different city or state. Often, state libraries and libraries in big cities allow people from anywhere in the state to join. Your library may also have reciprocal borrowing privileges with other library systems, giving you access to other collections. Further Assistance To Help Seniors ReadMany seniors with dementia have other conditions that can make reading difficult. This can include poor eyesight, stiff finger joints and difficulties accessing materials. The following resources can help older adults continue reading as they age:DescriptionWho This HelpsHow To AccessTypeBooks printed with larger textPeople with poor eyesightAvailable in bookstores and librariesLarge print booksElectronic devices for reading, with the option of enlarging text and adjusting brightnessPeople with poor eyesight and people with arthritis who find it difficult to grip a bookCan be purchased from bookstores and electronics storesE-readersScreens that sit over text, making it largerPeople with poor eyesightSold in bookstores and department stores. Also available through assistive technology suppliersMagnifiersA recording of a book read aloudPeople who have lost their sight or struggle to focus their eyes for long periodsAvailable in libraries and for purchase onlineAudiobooksA stand that holds a book openSeniors who have difficulty gripping books, such as those with arthritisAvailable for purchase in bookstores and department storesBookholder or bookrestA comfortable chair with good lightingAnyone who experiences pain from sitting in one spot for long periodsStand assist chairs and recliners are available from assistive technology suppliersComfortable reading spo

Finding love in your golden years is a precious gift, but navigating a late-in-life marriage can come with unique challenges. Use this list to help guide you through the process of settling into your new life together so you can make the most of every moment.Update Insurance and MedicareBeing able to pay for healthcare becomes more important than ever for seniors. Medicare coverage doesnt change just because you got married. If one or both of you is already receiving Medicare, you can continue to get the same care you have received without interruption. You may be eligible for Medicare due to your spouses prior work, even if you werent on your own.Because of the change in total income, there may be a change in your premium. Medicare Part B, for example, uses your familys total income to determine how much your premium should be. Check with your provider and provide them with updated information so you can have the correct numbers when budgeting.Combine FinancesWith marriage comes changes in finances, and these changes necessitate the creation of a new budget that reflects both your income and any changes in expenses that the marriage may have caused. You can create your own or use a budget template to guide you through the process. Take into consideration services you might need, including meal preparation and lawn maintenance.Find a New HomeFor seniors who are just beginning their married life together, the process of finding a homecan be challenging. With so many factors to consider such as location, budget, and amenities it can be difficult to know where to start. But with a little planning and patience, finding the perfect home as seniors is definitely achievable. One of the best ways to start the search is by researching home prices and attending open houses in different neighborhoods that fit your budget. This will not only give you a chance to see whats available, but it will also help you get a feel for each neighborhoods unique character.Plan for Future CareWhile you may have prepared wills previously, your new marriage likely means youll need to update both of these. Even if your desires for after your passing have not changed with the addition of a spouse, your living will or advanced directive, which details medical treatment you might receive while alive but incapable of making decisions should be revisited. Clearly establishing who is responsible for carrying out your desires is essential to eliminating turmoil down the line.You also need to discuss how you would like to approach long-term care in the future. This includes deciding if you will have in-home care or will live in assisted living and how these things should be paid for. If you decide that youd prefer to get a little extra support while maintaining your independence, Alder Terrace Adult Care Center offers excellent services along with supportive and compassionate care.Enjoy your time together by starting out on the right foot. Update your insurance, combine finances, find a home, and plan for future care so you can walk happily hand in hand for the rest of your days.

As children grow up and move out of their parents homes, many parents find themselves wondering what to do next. For some empty nesters, the answer is to move closer to their adult children. This decision can provide parents with the opportunity to be more involved in their childrens lives while also providing them with the chance to explore new neighborhoods and communities. However, moving as an empty nester comes with its own unique set of challenges. Here are some important steps to take when youre looking to move closer to your adult children, courtesy of Alder Terrace Gardens.Consult Your Adult ChildrenBefore you start packing up your belongings, its important to have a conversation with your adult children about your plans to move closer to them. Make sure they are on board with your decision and discuss their availability to help with the move, such as by assisting with house hunting or helping with packing and unpacking. Its important to make sure that everyone is on the same page before making any big decisions.Visit Neighborhoods That Interest YouOnce you have the support of your adult children, its time to start exploring potential neighborhoods and areas near them that youre interested in living in. Take the time to visit these neighborhoods and see what they have to offer in terms of amenities, community events, and facilities for seniors. Consider the proximity to medical facilities and other essential services that you may need access to as a senior, such as grocery stores and pharmacies.Make Digital Copies of Your Paper RecordsMoving as an empty nester often means downsizing your living space, which means youll need to get rid of some of your belongings. However, there are likely some important documents and records that youll want to keep with you. To save space, its a good idea to digitize these records. Save them as PDFs to ensure accessibility and easy sharing with your adult children and other family members.Budget for Relocation Moving can be expensive, so its important to create a budget for all the relocation expenses youll incur. This includes the cost of hiring movers, any upgrades or repairs you need to make to your new home, and any fees associated with selling your current home. Make sure to factor in any unexpected expenses that may arise as well.Research Nearby Services and AmenitiesAs you get older, you may find that you need some extra help with tasks such as housekeeping, personal care aides, and meal delivery. Research nearby services that offer these types of assistance so that youre prepared if you need them later on.Look for a Senior-Friendly HomeWhen looking for a new home, make sure to consider senior-friendly features such as single-level living, wider hallways and doorways, and easy-to-use fixtures such as lever-style door handles and faucets. These features will make your home more comfortable and accessible as you age. Take a look at Alder Terrace Gardens available accommodations.Use a Home Maintenance and Repair AppIf you need to upgrade your new home to make it more senior-friendly, consider using a home maintenance and repair app to make the process easier. For example, with the Frontdoor app, you can connect with local service providers and receive estimates for the cost of repairs or upgrades. You can also talk to contractors and experts face-to-face to ask questions about any potential repairs that you can handle by yourself.Take a Look at Assisted Living FacilitiesFinally, its important to plan for the future by exploring assisted living facilities in the area. While you may not need these facilities now, its important to have a plan in place for when you do. Research the options and consider visiting a few facilities to get a sense of what they offer.Making the decision to move closer to your adult children as an empty nester can be a life-changing experience. Follow these crucial steps to ensure that your relocation is a seamless and prosperous one. Enjoy the opportunity to explore new neighborhoods, create new memories with your loved ones, and plan for a happy and healthy future in your home.

Millions of older Americans are choosing to go small in retirement.According to a Zillow report, 46 percent of baby boomers who sold homes in 2017 were in the process of downsizing.Downsizing is a major decision, influenced by unique financial and emotional factors.Decluttering a large home is no easy feat. Selling your house, finding a new one and moving your belongings adds further complexity.In this guide, we explore the reasons people downsize for retirement and share advice from experts on how to navigate the transition.We also look at other aspects of the process, such as getting your home market-ready and estimating moving costs.Determine Your Reasons for MovingMoving is a stressful experience at any age. Downsizing for retirement carries unique challenges.DID YOU KNOW?In 2017, nearly two-thirds of older Americans had moved or anticipated moving in retirement.Source: Merrill LynchBefore you get started, determine why youre moving.In a 2018 study by Merrill Lynch, the number one reason given by respondents for moving in retirement was to be closer to family. The desire to reduce expenses came in a close second.Not everyone makes the conscious decision to downsize. Sometimes a move is immediate and necessary because of rapidly declining health, the loss of a spouse or an unexpected financial crisis.Understand your own motivation for moving. Weigh the pros and cons so that you feel comfortable with the decision.It can be helpful to consider the following questions:Where do you want to live?Do you want to live in the same area or a different state?What style home will be practical to navigate?How much space do you need to be comfortable?What sacrifices are you willing to make?How much time and money can you commit to the moving process?Its also important to communicate early and often with your family.If youre married, discuss any concerns your spouse may have about the process.Among retired Americans who have already moved, over half downsized to reduce the cost and effort of home ownership, according to a 2017 Merrill Lynch survey. Meanwhile, 30 percent chose to upsize into a larger home, often to accommodate family members.Make sure your kids know whats going on, too. Let them come over and help you sort through items, especially if they grew up in the house. This can prevent conflict and resentment down the road.Financial Aspects of DownsizingSaving money is one of the primary reasons people downsize in retirement. Cheaper housing is an easy way to boost your budget and increase your retirement savings.Financial Advantages of Downsizing in RetirementIncreased Cash FlowSelling your home will likely result in a windfall of cash. This can boost your savings and grow your retirement nest egg.Cheaper MortgageIf your current home isnt paid off, a new home with a lower monthly mortgage payment can give your budget room to breathe. The money you save each month can pay for a yearly vacation or finance a grandchilds future education.Less Cleaning and MaintenanceAmericans aged 55 and older spend roughly $90 billion on home renovations each year 47 percent of the national total. A newer home will likely need fewer repairs and have lower upkeep costs than an older home. And you probably wont spend as much money hiring help to take care of the property.Lower Utility BillsSmaller spaces and fewer rooms mean lower utility costs. If youre moving to a home with new windows or energy efficient appliances, you may save even more.But before you make a move, get a handle on your finances. Hidden costs and poor planning can eat up potential savings if youre not careful.Selling a home isnt cheap, Alan Caldwell, a financial advisor based in Nashville, told RetireGuide. And you almost always spend more money when you move than you planned to.Thats why Caldwell, founder of On Track to Retire LLC, says its critical to get estimates from moving companies and set a budget in advance.During major life events like a move, we tend to think, Well, Im in a special time right now. Its OK to spend money because I can control it later, Caldwell said. But you need to be careful and track your spending as you go.Expenses to Consider Before You MoveHomeowners Association FeesYoull owe monthly fees if you move to a neighborhood, townhome or community with a homeowners association, or HOA. HOA fees vary widely, but some sources estimate costs between $100 and $700 per month. Fees are based on the services the HOA provides, such as lawn care. The more services and amenities, the higher the HOA fees.Getting Your House Market-ReadyStaging is the process of preparing your home for sale in the real estate market. It can mean many things, from painting the walls and installing new flooring to landscaping improvements and replacing bathroom faucets. Its not cheap, but it may be necessary if you dont want your home to sit on the market forever. Add critical home repairs to your to-do list, too.Homeowners Insurance and Property TaxJust because you move to a smaller home doesnt mean youll save money on homeowners insurance. Location also matters. External factors, including crime rates and proximity to natural hazards, can increase insurance premiums. Compare rates on the same coverage with different insurance companies to get the best deal. Be aware of changes to your property tax bill, too.Real Estate Agent FeesThe standard commission for a real estate agent is about 6 percent of the home sale price. If youre selling a $250,000 home, the buying and selling agents could take a total of $15,000. Thats a ton of money, Caldwell said. His advice? Be aware that closing costs and agent commissions will decrease your final payout.Purchasing Items for Your New HomeAfter you downsize, you may still need to buy things for your new home. We tend to spend a lot of time at Home Depot and Target when we first move, Caldwell points out. Budget for these expenses before you move and only buy what you absolutely need.Start DownsizingYouve decided to move. Now its time to start downsizing your current possessions.But where do you start?It isnt a simple process. People have created entire careers out of helping others downsize for retirement.It may seem daunting, but dont let the task ahead overwhelm you.Decisions about what to keep and what to do with the rest can create decision paralysis, Anna Novak, downsizing expert and owner of Simply Downsized LLC, told RetireGuide. Its a huge reason people have a hard time getting started.Novak and other experts recommend setting goals and timelines. Hold yourself accountable.Generally, once people know where they are going and can envision themselves there, they can start the process of letting go and get excited about a positive change, Novak said.Start Small, Give Yourself Time and Make a PlanRushing a move can amplify an already stressful experience.Experts, like Novak, suggest starting small. Tackle one room before starting on another. Give yourself enough time to do the job right.You wont finish everything in one weekend. Most experts say the downsizing process takes at least six months to a year to complete.So its helpful to put a plan in place.You can find free detailed plans for two-year, one-year and six-month timelines on HomeTransitionPros.com.The website also offers a 15-minutes-per-day plan along with a Planning for Downsizing workbook with checklists and activities to help you prepare.Be Ruthless and RealisticIts easy to fall in love with objects and often very difficult to let them go.Downsizing involves letting go of 70 to 80 percent of the belongings it took you 20 to 30 years to accumulate, Novak said.Be realistic. Take a hard look at each item in your home. Identify the things that are most useful or loved. If you havent used something in more than a year, donate it or throw it away.Downsizing involves letting go of 70 to 80 percent of the belongings it took you 20 to 30 years to accumulate.ANNA NOVAKDOWNSIZING EXPERT AND OWNER OF SIMPLY DOWNSIZED LLCGet in a habit of finding obvious things you can get rid of, such as duplicate household items, outdated paperwork, clothing that no longer fits and old magazines.Document Your Current SpaceIt may be easier to let go of your home if you can remember how it once looked.Take pictures of rooms in your house before you start downsizing. It can be comforting to look back at your old place or see the progress youve made getting it organized.Measure the furniture you want to bring and write down the dimensions to ensure it will fit in your next place.Document furniture arrangements and the placement of family photos on the walls. You can reference these later when you unpack in your new home.Donate and Sell Items You Dont NeedSelling unwanted items is a good way to raise extra money for your move.It also helps to clear space, and theres satisfaction in knowing that your old items will benefit others.You can use websites like Craigslist or Facebook Marketplace to list belongings. You can also try apps like LetGo, OfferUp and NextDoor.com.Make sure to accept only cash offers to avoid scams. You may also want to meet people at a public place for these transactions.For smaller items, or those with lesser value, consider holding a yard sale. Other options include selling to collectors, used bookstores, online auction sites or music stores.Return items to the people they belong to. Is your 40-year-old daughters prom dress still hanging in the closet? Ask her if she wants it. If she doesnt, get rid of it.Some charities, such as the Salvation Army, can pick up items from your doorstep free of charge.Another option is a website called Give Back Box. Just pack your unwanted items in a box, go to the website and print out a free shipping label.The box will then be mailed to a local charity. Give Back Box will even email you a receipt for a tax deduction.Consider Hiring an ExpertA growing industry of professionals offers services to help retirees downsize.Senior move managers specialize in helping older adults and their families with the emotional and physical aspects of relocation or aging in place.They even have their own trade organization the National Association of Senior Move Managers, or NASMM. Its membership has grown from 650 in 2012 to roughly 1,100 in 2020.Similarly, professional organizers can help you declutter your home, offer emotional support, facilitate the disposal, donation or sale of unwanted belongings and set up systems that help you stay organized.These professionals work alongside you. They do not provide cleaning services.Costs can vary by state and job, but rates usually range between $75 and $150 an hour.That may seem pricey, but the time and effort you save might be worth it.Its like hiring a wedding planner for a wedding, Mary Kay Buysse, executive director of NASMM, told RetireGuide. Yes, you can probably do the job yourself. But if you want it done seamlessly and want less stress in your life, then hiring a professional is a smart move.Buysse said these professionals often offer a menu of services that can be tailored to fit your budget.It isnt an elitist thing or something that only people with lots of money can afford, Buysse said. Sometimes families will only hire someone for part of the process.Home-service provider directories like TaskRabbit and Angies List are good places to find local help.You can also use the NASMMs online directory to find a senior move manager near you.How To Invest Your Home Sale ProceedsCope with Your EmotionsWading through a lifetime of memories is daunting and draining.Downsizing can uncover a well of emotions, including sadness, anxiety, stress and grief.If somethings been a part of your home life for 40 years, its not easy to say goodbye.MARY KAY BUYSSEEXECUTIVE DIRECTOR OF THE NATIONAL ASSOCIATION OF SENIOR MOVE MANAGERSAccording to a 2018 letter from the Harvard Medical School: Understanding the triggers for these feelings and using strategies to navigate them may not change how you feel, but it may help the downsizing process go more smoothly so you can focus on your next chapter.If you find yourself in emotional turmoil, talk to someone. Invite a friend or family member over to help you sort through rooms.Loved ones can listen to you reminisce about sentimental objects while providing you with a gentle push to let go of things you no longer need.If somethings been a part of your home life for 40 years, its not easy to say goodbye, Buysse said. Our items tend to become like members of the family.Even venting to an old friend over the phone after a stressful day of decluttering can calm your nerves and keep you focused.If you dont have someone to lean on, consider professional help. You may want to visit your primary care doctor or speak with a therapist.Selling Your Current HomeSelling a home can be a time consuming, complex process.But if youre downsizing in retirement, its also important to understand taxes and how profits from your home sale can affect government benefits.Beware of Capital Gains TaxThe Internal Revenue Service and several states levy capital gains tax on the difference between what you paid for your home known as your cost basis and what you sell it for.The good news is that this probably wont affect you. You can usually exclude up to $250,000 of capital gains on real estate if youre single and $500,000 if youre married and filing jointly.So, if you first bought your house in the 1980s for $200,000 and you sell it today for $400,000, you wont owe capital gains tax.A few things may disqualify you from claiming that $250,000 or $500,000 exclusion. For example, the house must be your primary residence and you must have lived in it for at least two out of the last five years.If capital gains tax is unavoidable, you may still qualify for a zero percent tax rate in 2021 if your income is less than $40,400 for a single person or $80,800 for a married couple filing jointly.Otherwise, you may pay either a 15 percent or 20 percent tax rate. It depends on your filing status and income.The Impact of Selling Your Home on Government BenefitsOwning a home wont prevent you from collecting certain government assistance benefits, such as Medicaid or Social Security Income (SSI) disability.But selling your home is a different story. This boosts your income, and the sudden cash may disqualify you from Medicaid and disability benefits.For example, you must have less than $2,000 in countable assets to keep your Medicaid or disability coverage. Selling your home will net you more than $2,000.To keep Medicaid, sale proceeds must be legally spent down or protected by the end of the following month.With SSI, you have three months to buy a new home after selling your old one. If you do so and have less than $2,000 in your bank account, you will keep your SSI benefits.If you dont, you will lose your benefits for each month your assets exceed the permitted limit.If it takes you more than 12 months to spend down money from your home sale, you may have to start the entire disability application process from the beginning.And keep in mind that youre not allowed to transfer money to a family member.There are several legal ways to work around government benefit asset limits after selling a home. Consult a trusted legal professional for more information.Moving Costs and Other ExpensesAccording to an October 2020 poll conducted for North American Van Lines, 45 percent of people who recently moved said the experience was the most stressful event in their lives.One way to cut down on stress is by developing a solid moving plan that fits your budget.Average Moving CostsCost to Rent a Moving TruckRenting a moving truck, such as a U-Haul, can cost between $90 for a small truck and a local move to $2,000 for a large truck and a long-distance move. The cost depends on how far youre traveling, how much truck space you need, how long you keep the truck and gas.Cost to Hire a Moving CompanyHiring a moving company to transport your belongings can cost between $80 to $100 per hour for short distances and $2,000 to $5,000 per load for long distances. Hiring a mover typically costs $25 to $50 per hour for each worker. The overall cost depends on the size of your home and the distance youre traveling. Moving heavy objects or navigating staircases can cost extra.Full-Service Movers CostAccording to HomeAdvisor.com, hiring a full-service moving company usually costs at least $2,300, but it depends on distance and the square footage of your current home. You may be able to spend as little as $900 for a local move, or as much as $10,000 for a cross-country move. Make sure to get visual estimates and total cost estimates. Understand the difference between binding and nonbinding estimates to avoid expensive surprises.Cost to Rent a Moving ContainerRenting a moving container can cost an average of $3,000 a month, according to Move.org. Moving containers cost an average of $2.50 per mile to transport. But the total price may be as low as $250 for a small container and a local move to $4,000 for a large container and a cross-country move. You can request a moving container from companies such as PODS and U-Pack. They drop off the container, and you load your belongings into it on your own time. The container company will then pick it up and drop it off at your new location. If youre downsizing, you may also consider renting a storage unit.This can allow you to keep items that are too difficult to part with.Things You May Want to Place in a Storage UnitMemorabiliaBoxes of old family photos and lettersOversized itemsAntique furniture or family heirloomsAccording to Zillow, the average national cost of a storage unit ranges from about $50 per month for a small unit to $300 or $400 for larger units.If your main reason for downsizing is to cut costs, you need to be mindful of this added reoccurring expense.Expert Tips on Downsizing for RetirementVickie DellaquilaCERTIFIED PROFESSIONAL ORGANIZERVickie Dellaquila is a Pittsburg-based professional organizer with nearly two decades of experience. She is the owner and founder of Organization Rules, Inc. and has given presentations at several national conferences and conventions. She is also the author of the book, Don't Toss My Memories in the Trash: A Step-by-Step Guide to Helping Seniors Downsize, Organize, and Move."Be prepared for an emotional journey.Downsizing is extremely emotional and physical work. Youre going through a lifetime of memories. Its exhausting. Let yourself experience those emotions, whether you want to cry, laugh or be angry. Giving yourself enough time will also help you process those feelings.Downsizing takes time so start now.Youve spent a lifetime accumulating stuff. Its going to take time to go through it all. I always tell people to start now. You may be able to do it in a month, but I tell people to give themselves at least six months. A year or two years is even better.Put downsizing on your calendar literally.When you start the process, put a downsizing session on your calendar, the way you would a doctors appointment. So, from 9 a.m. to noon on Saturday, Im going to work on the kitchen. Stick to it. Try to avoid procrastination.Start downsizing the unused areas of your home first.Start with areas you dont really live in, like spare bedrooms, the basement or the attic. Many times, these spaces have lots of things you arent using, or that you forgot you had. The garage is another good place to start because this is usually an exit route. It can be physically easier to move things out of this space.Get a floor plan if you can.If you know where youre moving, getting a floor plan will certainly help you make decisions. It can also help you figure out where everything will go and how much space you really have.Finding a New HomeWhen youre looking for a new residence, take time to consider your needs. Make sure the space fits your lifestyle, budget and level of independence.You may decide to purchase a new home, move in with family, transition to an assisted living facility or rent a townhouse or condo.A great freedom in retirement is the chance to live where you choose. You may have bought your former home because it was in a good school district or close to work. Your life is different now, so explore your options.Look for housing that puts you closer to things you care about, like your family, an airport, public transportation, a grocery store or your favorite nature preserve.Its also critical to be realistic about what your physical limitations will be in the future. For example, a one-floor house will be easier to navigate than a two-story house.Downsizing Without MovingMoving to a new location isnt right for everyone. Some people want to stay in their home but still want greater financial independence.There are a few options if youre interested in downsizing without moving.Ways to Downsize in Retirement Without MovingRent Out a RoomRenting a room in your home, or even converting the property to dual occupancy can increase your monthly income. But be careful and selective with potential renters. Speak with a legal advisor who can help you draft a simple lease agreement for your new tenant. Research your rights as a landlord. Lay out clear ground rules and restrictions before you let someone move in.Consider a Reverse MortgageSome seniors opt for a reverse mortgage to boost income and age in place. A reverse mortgage allows people aged 62 or older to stay in their homes while drawing on the equity they've already built. But theres risk involved and a long-term financial impact, so make sure to get independent financial advice first.Pretend Youre Moving and Declutter AccordinglyIts always a good idea to declutter and organize your space even if youre not going anywhere. Selling unwanted or unused items can also raise money you can reinvest in home repairs or save for the future.Downsizing for retirement means something different to everyone. Its often stressful and requires careful planning and financial considerations.But it can also be a rejuvenating experience. Focus on the positive aspects of the transition, and work toward making your new space feel like home.Additional ResourcesDonation TownDont want the hassle of transporting big objects to your local thrift store? There are dozens of charities that can send a truck to your home and pick up your belongings for free. Enter your zip code into the Donation Town pickup service directory to find nonprofit organizations that offer this service.National Association of Productivity & Organizing ProfessionalsIf you want to hire a professional organizer to help you declutter your home, the National Association of Productivity & Organizing Professionals can help. Enter your zip code into the organizations directory, and youll find numerous professional organizers and productivity consultants near you.National Estate Sales AssociationThis website offers multiple guides about estate sales and how to sell personal property.

Perhaps it seems like your senior parents are losing track of their finances. You might be worried about their spending habits or their lack of organization. If your parents need round-the-clock care, you may want to look into an assisted living facility such as Alder Terrace. But if they simply need some help handling their finances, these tips can help you take care of them.Keep Track of Any Concerning SignsHave you noticed any signs around your parents home indicating that something might be wrong? Maybe you saw stacks of unopened envelopes in their kitchen, even though they used to keep their home quite tidy. Or maybe youve noticed packages from strange purchases that theyve mentioned. If your parents have suddenly become disorganized or adopted odd spending habits, they may not be able to manage their own finances.Note Any Medical ProblemsHave your parents been struggling with medical issues such as blurry vision or memory problems? If so, its probably time to step in when it comes to their finances. Credit Karma also suggests checking in with their neighbors and friends if you feel comfortable doing so they might have noticed concerning behaviors that you wouldnt see unless you lived with your parents.Manage Their Finances as a FamilyIf you plan to take over your parents finances for them, youll need to have an in-depth conversation with them about it first. You may also need to get your siblings involved. To start this conversation, Principal suggests bringing up a gentler topic first, like their general plans for retirement. Then you can bring up your concerns and broach the idea of taking on certain financial responsibilities for them, such as creating monthly budgets, filing their taxes, paying off their credit card bills on time, or even helping them set up a power of attorney. If they agree to let you manage their finances, youll need to get information on their bank accounts as well as any benefits they receive, like Social Security, Medicaid, or Medicare.Encourage Them to Sell Their BusinessIf your parents are business owners, and youve realized that theyre no longer capable of managing their finances on their own, its time to encourage them to sell their business. This may take more than one conversation, so be patient. And before they get ready to officially sell it, make sure to get a professional valuation carried out so that you can accurately determine how much the business is worth. This valuation should include all of the company assets, such as the real estate and inventory.Hire HelpOf course, it never hurts to talk to a financial advisor in this situation. By talking to an advisor, you can get expert guidance on your parents specific situation. Try to seek out an advisor who works with families and offers services geared towards seniors.Furthermore, if youre worried about your parents overall quality of life, you may want to bring ina part-time caregiver who can assist them with daily tasks. By helping your parents with their finances and hiring a caregiver to lend them a hand during the day, you can enjoy peace of mind.It can be difficult to talk to your parents about their finances and taking control of their financial situation for their benefit can be even more complicated. Thats why its important to approach this issue with a plan in mind. With these suggestions, youll be ready to give your parents the help they need so that they can get their finances under control.Are you seeking an assisted living facility for your senior loved ones? Find a home for them at Alder Terrace. Fill out the contact form on our website today to schedule a consultation.

Adults experience a decline in physical strength, mobility, and many other changes as they grow older. As a result, many lose the independence they enjoyed in their younger years. While this can be frustrating enough for seniors with relatives and friends nearby, it can be downright overwhelming for those who dont have anyone to help them navigate daily challenges.If you would like to help seniors in your community maintain their quality of life, there are plenty of practical ways to do so. Get started with this brief guide.Lifestyle ChoicesFrom the foods they eat to the activities they engage in, you can help an older adult build a healthy daily routine (while spending quality time together).Look for nutritious diets, meals, and snacks specifically beneficial to seniors.Go cycling, walking, or swimming for low-impact exercise.Help them get into a healthy sleep rhythm by redecorating their bedroom to be more restful.Introduce them to breathing exercises to reduce their stress.Financial DecisionsMoney can be a major stress point for anyone, including seniors. Here are a few ways to help older adults make sound financial decisions. Help seniors find a trustworthy financial advisor to walk then through financial challenges.Teach them how to create a monthly budget and make practical spending changes to improve their standing.Daily TasksWithout friends or family around, many seniors struggle to manage everyday tasks and errands. Heres you can help:Offer to take care of a seniors lawn mowing, flower planting, shrub trimming, and other yard work.Drive them to their doctors appointments, hair appointments, and other errands.Establish a weekly house cleaning schedule, and help older adults keep their homes free of clutter.Regularly visit a seniors home to provide them with companionship.Present the option of moving to assisted living if they can no longer handle daily tasks but still want to enjoy some independence.Alder Terrace Adult Care Center provides supportive care, home-cooked meals, socialization opportunities, and superior service!No matter where you live, older adults are struggling to maintain their quality of life with no one around to help them. You can be someone who makes a significant impact in their lives. Keep the tips and resources here in mind as you step into your new role, and expect to recognize more purpose and fulfillment in your own life!