If you or a loved one are considering downsizing to a retirement community in Bisbee, TX, there are a few things you can do to lower your costs. In this article, we will discuss some tips to help reduce your expenses while living in a retirement community.
Read on for advice on how to save money while enjoying all the benefits of being a part of a close-knit and welcoming retirement community.
Join an Independent Living Community
One of the best ways to reduce costs when downsizing to a retirement community is to join an independent living community. These types of communities are specifically designed for those in their golden years who want to live independently and do not require the same level of care as those in assisted living communities or nursing homes.
Because of the relatively lower level of care, independent living communities are generally more affordable than other types of retirement communities. In addition, our independent living community in Morada Pantego offers a variety of amenities and activities that can help keep you active and engaged, without having to pay for a separate membership to a gym or social club.
Donate and Sell Items You Don’t Need
When downsizing to a retirement community, you will likely have to get rid of some of your possessions. Instead of simply throwing these items away, consider donating them to a local thrift store or charity.
Not only will this declutter your or your loved one’s home and make packing and moving easier, but it can also help you save on storage costs. If you have items of sentimental value or those that are still in good condition but no longer need them, you can also hold a garage sale or sell the items online to make some extra money.
Phone Bills
If you are downsizing to a retirement community, you may be able to reduce your phone bill by switching to a cell phone plan with fewer minutes or data.
In addition, many retirement communities have landlines in each unit, so you may not even need a cell phone. If you decide to keep your cell phone, be sure to cancel any unnecessary features or services that you are paying for, such as a data plan if you rarely use it.
Cable and Internet
Cable and internet can also be expensive, especially if you are paying for channels or services that you never watch or use. When downsizing to a retirement community, be sure to cancel any cable or internet services that you no longer need or want.
Many retirement communities have their own Wi-Fi networks that residents can use, so you may not even need to pay for an individual internet plan.
Transportation Costs
If you are downsizing to a retirement community, you may be able to save on transportation costs by choosing a community that is close to public transportation, such as a bus or train station.
In fact, our independent living community in Morada Pantego offers complimentary chauffeured transportation services. This can help you save on the cost of gas and parking, as well as the wear and tear on your personal vehicle.