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| The Madison Building 5901 Madison Rd. Cincinnati, Ohio 45227 AFFORDABLE LUXURY SENIOR HOUSING |
| SENIOR HOUSING CHOICES Options for seniors are to move or not to move. Attachment to a home, neighborhood, friends or family nearby are reasons not to move. Life changes, retirement or the need for care are reasons to look at moving. |
| Metropolis Management, Inc. Realtors� 700 West Pete Rose Way Cincinnati, Ohio 45203 513-621-1000 email: [email protected] Legal Disclaimer Copyright � 2001 Metropolis Management, Inc. Realtors � All Rights Reserved. |
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| Aging in Place Successfully Aging In Place takes a lot of planning. Reasons to move are varied and sometimes hard to identify: The neighborhood has deteriorated and safety is a concern. To be near children (70% of those 65+ live within 1 hour of a child). To match home's facilities to senior%s faculties. Avoid stairs in a home. Home is too large or costly to maintain. Home may not meet present needs, physical or otherwise. Assets are tied up in the home and cash is needed. Don't drive and available transportation is not adequate. Retired and looking for new lifestyle. Since 1960 the trend has been to move from cities to rural or suburban settings with warmer climate and recreational opportunities (Fuguitt and Beale, 11/93, Journal of Gerontology). Recently we see more active senior communities, apartments and complexes for the elderly, offering medical care components, "infilling" in older neighborhoods. Opportunities to move to nearby metro or suburban located senior communities offers the chance to right-size lifestyle without giving up proximity to friends and the familiar. As seniors remain in their homes until they are in their late 70's or 80's, when they do relocate, they want to stay close to their home of many years. Long distance moves occur when seniors want to be closer to adult children, siblings, or other close relatives, or go back to where they grew up or once lived. Relocating seniors find satisfaction in their new location if they have common interests with other residents or neighbors and can have friendly, helpful people around them. Comparing Costs For Different Housing Options Balancing your home's costs against what a Senior Community offers in convenience and services: Mortgage or Association Fees Taxes Maintenance of outside, gardening Repairs Fire Insurance Electricity and gas Water Meals Transportation Car ownership Insurance Housekeeping Laundry Linen service Cleaning Camaraderie with privacy Homeowner's Insurance Supplemental Medicare Insurance Long Term Care Insurance |