
How would I like to live in my old age?
Barrier-free conversion of your own property
One of the first things you should consider is making your house or apartment barrier-free. This will allow you to remain in your familiar surroundings. Sounds great, doesn't it? But beware: the costs of such a conversion can quickly skyrocket, and the construction work often takes longer than you think. It is therefore worth tackling the issue early on. It is best to seek advice from an expert in barrier-free living—they know what needs to be done.
Partial rental or shared living
Why not bring a little company into your home? Partial rental could not only be good for your wallet, but also bring you some company. If your property has a granny flat, it can easily be rented out. Or how about a shared apartment? Perhaps with people of the same age or even younger who can lend a hand now and then – it's a social "upgrade" of sorts.
Moving to an age-appropriate apartment
Sometimes, remodeling doesn't help, and moving to an age-appropriate apartment is the easier option. These apartments are tailored to the needs of seniors and often offer additional services such as nursing care or domestic help. Less stress, more comfort – these are the advantages of an age-appropriate apartment.
Assisted living
If you need a little more support, assisted living could be the right solution. Here you have your own apartment, but with the security of an emergency call system and support from nursing staff if something goes wrong. Plus, shared meals and activities ensure that you never get bored.
Selling your property and moving
And then, of course, there is always the option of selling your property and looking for something more suitable. The sale could bring in enough money to allow you to move into an age-appropriate apartment, assisted living, or a chic retirement home. You would then not only be financially secure, but you would also no longer have to worry about things like repairs or mowing the lawn. You would also have the freedom to move closer to your family or to your favorite area.
Are you still unsure what to do with your property? Contact us! We will be happy to advise you.
Notes:
For reasons of better readability, the generic masculine form is used in this text. Female and other gender identities are expressly included insofar as this is necessary for the statement.
Legal notice: This article does not constitute tax or legal advice in individual cases. Please have the facts of your specific case clarified by a lawyer and/or tax advisor.
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