Cost of Retirement Homes in Ottawa: Know it All!
This article looks at the various kinds of retirement homes available in Ottawa – the capital city of Canada – with the view of establishing the most appropriate one for seniors. The retirement homes differ in price range and services, in the kind of care they offer, and even the atmosphere they impart to their residents, thus catering for every taste and pocket. In this guide, we will discuss some retirement homes available in Ottawa and information about quality [...]
Planning for Your Retirement Place
Planning for a retirement place can be both exciting and yet overwhelming. While preparing to live on a fixed monthly income, chalking out retirement planning details is essential. It involves ensuring financial stability in the years lying ahead by creating a budget, evaluating your assets, and maximizing your savings. First and foremost, discuss your planning for retirement with your spouse. Communication between you both is the key because spouses often do not have the same planning for retirement. They may [...]
Retirement Home Regulations in Ontario
At retirement homes, you can live and receive care services like nursing and personal assistance in your golden years of life. Here, the rights of the residents are guaranteed by the law. In Ontario, retirement homes are regulated and must follow legislation called the Retirement Homes Act, 2010. This Act provides protection and safeguards for retirement home residents, so they can live their remaining life with dignity and make informed choices about their care. This Act is enforced by the [...]
How to Live on Retirement Income in Canada in 2022
Planning Your Retirement Income Are you in your forties or fifties? Then it’s about time you gave your retirement planning a thought. It is a multistep process that evolves over time and it is never too early to begin. For a comfortable, secure, and fun-filled retirement, you will need to build a financial buffer that will see you through your golden years. Start by thinking about your retirement goals and set a timeline to meet them. Study the types of retirement [...]
Caregiving Tips for Elders with Dementia Symptoms
When a Dementia patient arrives in your retirement home, and you are assigned the caregiver duty, it becomes your moral and ethical responsibility to provide the best care you can. But that is easier said than done! It is not as if the person has given up on life due to memory loss, but can experience joy, comfort, meaning, and growth in their lives and any other. Their quality of life depends on the quality of their relationship with you [...]
Financial Benefits of Living in Retirement Homes
Moving to a retirement home is not an easy decision. Besides the physical, mental, and emotional aspects, there is also a financial angle because the fees and prices for retirement homes vary widely. Retirement home costs vary according to the location, the type, and the intensity of care you want. Most residents of retirement homes pay monthly rent for their accommodations and services. Across Canada, the monthly fee ranges from $1,475 to $6,000, according to the size, location, the community [...]
Amenities to Look for in a Retirement Home
From providing independent luxury living to assisted living, memory care, and full-time 24×7 skilled nursing care, retirement homes offer a wide range of living options as the needs of the residents change over time. With the advances in medical science these days, seniors are now living a long and healthy life, even with chronic conditions. Mostly they want to age in place, trying to remain physically active for as long as they can. But at some point in time, [...]
The Right Time to Shift to a Retirement Home
Are you in your twilight years, left with an empty nest? Have you lost a spouse and are grieving, or have your basic activities of daily living like bathing, dressing, or eating become a burden? If your answer to all these questions is yes, then moving into a retirement home may be the best option; however, it is easier said than done. Deciding the right time to move into a retirement home is one of the complicated decisions in life. Usually, [...]