Plan and Build Your Dream Retirement Home

For most folks, retirement means a chance to lay back and enjoy a life free of stress or a 9-5 job. You mostly imagine yourself vacationing on a foreign beach or golfing to your heart’s desire. Some dream of finally getting that one book finished they started in college, while others dream of building a retirement house by the beach. Whatever your plans are, you need to be careful with your retirement funds. Financial trouble is hard to handle when you are retired and have no steady source of income. Building or buying a retirement home in an exquisite location is a goal on everyone’s bucket list. However, it can be financially risky especially if you haven’t already planned for it.

Plan and Build Your Dream Retirement Home

Plan and Build Your Dream Retirement Home

Read further tips and follow these when you are planning to buy/build your retirement home:

Tax Issues:

After you retire, most of your taxes are deferred. Due to that, countless retirees don’t hesitate in withdrawing money from their retirement funds. This is a huge mistake, as although their taxes have been deferred, this does not mean they have been eliminated. Taxes are applicable to all money you withdraw from any pre-tax accounts. It means if you make the mistake of drawing out money from your 401 (k) account for the down payment or the full payment, you will also have to pay taxes on that money.

Choose a Place Closer to Loved Ones:

Although the idea of a dream house in a different state by the beach seems incredible, you probably should not choose to live too far away from your friends and family. You might get happy with the fresh air and the poetic view but the truth is you’ll end up feeling lonely. As your grandkids or your friends will be miles away from you. You would have to travel a lot as well on holidays or occasions. Therefore ensure you build/buy your house near enough that frequent trips to your grandkids stay within your retirement budget.

Pay Attention to the Facilities Near Your Location:

Getting old often comes with a plethora of health problems. You might not be able to drive properly because of your eyes or walk properly and end up in a wheelchair. It is imperative to choose a location where you have a hospital, grocery store, and all such necessities close by. A country house might seem inviting when you think of it, however, it is harder to avail any medical facilities in such a remote area. A city provides you with the best health-care as well as chances to socialize more.

Have a Strong Design Plan:

When it comes to building a dream retirement home, you must ensure your design plans are strong and sturdy. You are investing a lot of money into the house, so it is necessary that it can withstand forces of nature and look stylish at the same time. Streamline Design Ltd. is an award-winning firm that designs the best home plans according to all your custom needs. Maybe, you are wheelchair bound and need more accessibility around the house, then building and designing your custom house comes in handy.

They offer a variety of designs for your customhouse like timber frame house designs.  Their timber frames come in all sizes and designs from 600 sq. ft. to 13,000 sq. ft. their design portfolio is available at their website where you can tweak these designs according to your needs. Their designs are also sustainable and environmentally friendly. These designs will ensure your dream retirement home is sturdy and stylish while meeting all your needs.

How to Build a Comfortable Home for the Elderly

Everyone is going to reach old age someday. Some tasks that used to be easy to do are harder to accomplish now. It is advisable that if someone who is considered to be part of the elderly will live in a home that is conducive for him to live. There are some people who place their senior parents in retirement homes. This is okay as long as the parents approve. If the parents do not want to live in retirement homes, the children may have to do some changes with their homes to accommodate their parents.

It is the proper thing to do for the children to do this. Their parents took care of them when they were younger and this is their way of giving back. This is their way of showing that they care for their parents’ well-being.

How to Build a Comfortable Home for the Elderly

If you are planning to build a comfortable home, there are two things that you always have to think about. The first one is safety. You need to make sure that your elderly parents and the rest of your family will be safe inside your home. You may want to place some items inside the home that will make your home easier to live in. Another thing to pay attention to is comfort. You want to make sure that your parents and the rest of your family will start comfortable inside your home.

You first need to pay attention to the materials that you are going to use to make the home. You may want to choose Timber Frame so you can be sure about the quality of the items that you will use in order to build your home. The best thing about these items is that they are good when you want to make simple designs but they can be very useful too if you would choose to create more complicated frames for your home. If you are building a home for the elderly, you will not be let down by the durability of the frame materials.

Here are other tips that you have to follow in order to build a home for the elderly:

  1. Choose door levers instead of door knobs. You may think that door knobs are cuter for the rest of the house but turning knobs can be such a chore for the elderly. The levers will be easier to push on so they can enter the various rooms of the house better.
  2. Make sure that the floor is not slippery. The balance of the elderly is not as good as before. You have to make sure that everything is slip-resistant. This is not only for the elderly, it is for everyone too so you can avoid unnecessary accidents.
  3. You need to have handrails for your stairs. It is ideal if the elderly can live in a room at the first floor of a home. This will lessen the possibility of the elderly to go up and down the stairs so that it will be safer. If in case this is not possible, installing proper handrails will make the stairs safer.

With all of these things in mind, you can build a safe home for the elderly easily.