They don’t call them the golden years for anything. However, with all their daily living expenses, many pensioners are not able to enjoy the time they are supposed to have. Instead, most of those in their golden years are forced to continue working to survive. This is a several-decade-long issue that’s come to a head, and it needs a solution. Our pensioner deserves a serene life, and we are glad that today they can have at least a much better one.
Luckily, comfortable, yet affordable senior housing options are becoming more widespread in the UK. One needs to do some research and can find housing either for an elderly loved one or a senior citizen. Here are some tips to make one’s golden years peaceful and use as little money as possible to accomplish that.
What is the Price of Elderly Housing?
The typical charges for housing an elderly citizen often vary, but they are certainly very high. Its price starts around £150,000 for a senior citizen to stay living at home, and home nursing worth about £750 weekly says Unforgettable.org. [1] Depending on the needs of a person, the home nursing charges can be even higher. Furthermore, one has to pay extra for assisted living because the medical team is also working every day.
The two most often used housing solutions for senior citizens are retirement centers and assisted living facilities.
Retirement communities fetch around £580 each month says the BBC, [2] and they’re among the most affordable options around.
Assisted living ends up pricing an amount between £2,000 to £4,000, and most of the charges cover services and medical care as the UK Care Guide [3] states.
Nevertheless, there are a few affordable solutions for seniors. All one needs to do is some research, compare pricing, and explore various options. Here are our suggestions:
1. PIP
PIP or the Personal Independence Payments program provide benefits up to £624 monthly considering only how the health of that person influences his life. For qualification, one must have an age between 17 to 64 years. Secondly, having a medical disorder that causes life difficulties for at least 3 months, and expect it to continue in the next 9 months or more. Moreover, one must be a citizen of the UK.
2.Attendance Allowance
Geriatric above 65 years or medically disable people can apply for Attendance Allowance program. This program will help them with living expenses with up to £368 monthly according to CitizensAdvice.org.uk. [4]
3.Carer’s Allowance
Have an elderly person in need of assisted living? Just apply for Carer’s Allowance. This allows one to be eligible for the Carer’s Allowance program and get paid for efforts even if they are the spouse.
Where to Start Looking for Affordable Elderly Housing?
Still want to find elderly housing solution instead of staying at home? The first step is research. Compare all available housing plans. Once comparisons are finished, it’s time to find one that works great for individual needs and budget. Eliminate anxiety and start searching right away.
[1]https://www.unforgettable.org/
[2]https://www.bbc.com/
[3]https://ukcareguide.co.uk/
[4]https://www.citizensadvice.org.uk/