Senior Impact

Is Staying at Home the Healthiest or Best Financial Alternative?

Here are questions for consideration and a worksheet to help you decide.

Considerations

  • Are you eating right?
  • Who can be there to help you when you are sick?
  • Are you taking proper care of your home?
  • Do you feel safe?
  • Are you lonely?
  • Can you get out in the winter when you need banking services, groceries and medicine?
  • How do you get to church, shopping and doctor’s appointments?
  • Are you afraid of falling?

Monthly Expenses
  At Home Retirement Community or Senior Apt.
Major Household    
Property taxes $ __________ $ __________
Home insurance $ __________ $ __________
Air condition/heat $ __________ $ __________
Water $ __________ $ __________
Mortgage or rent $ __________ $ __________
Condo or association fee $ __________ $ __________
Maintenance    
General home repairs $ __________ $ __________
Accessibility repairs $ __________ $ __________
Trash removal/recycling $ __________ $ __________
Lawn care $ __________ $ __________
Household chores $ __________ $ __________
Painting $ __________ $ __________
Cleaning $ __________ $ __________
Exterminating $ __________ $ __________
Security system $ __________ $ __________
Personal    
Groceries $ __________ $ __________
Laundry $ __________ $ __________
Emergency response system $ __________ $ __________
Car or bus expenses/insurance $ __________ $ __________
Medication reminders $ __________ $ __________
Cable TV $ __________ $ __________
Health club fee/exercise programs $ __________ $ __________
TOTAL $ __________ $ __________