Anandam

If you’re in your 50s or early 60s then you may have started to think about retirement. One of the most common dilemmas for the people of this age group is how to fund your lifestyle once you have stopped work. The average age of the people retiring from the workforce is currently around 58 years, according to the official figures. But over the next few decades, this forecast will rise considerably. Retirement homes, earlier looked upon with disdain, are now gaining greater acceptance. Children of aged parents often, live away from their family due to their professional priorities. And they are happier to have their parents living in the safe retirement homes, in the company of people of the same age group, and where many of their daily needs are taken care of. The family’s original home can be sold off to generate cash to buy a smaller retirement home. However, the decision of buying a retirement home should be taken with due care. An Independent living set-up that provides a...

Who doesn't dream of a retirement free of worries? Living an independent life, with some assistance & among people of same age group, makes for a good retirement option. Experts say that planning of your retirement should start from the day you start earning. Sounds good advice indeed, but it is the one that is seldom followed. With more and more middle-aged professionals opting for retirement early in their career to explore personal interests, increasing the demand for state-of-the-art retirement homes . Don't think of these retirement housing projects as run-down old-age homes, where the aged & abandoned live in a pitiable state. Today's retirement homes are the vibrant complexes that take care of your food, housekeeping, health care and security, allowing many enjoyable sunset years. Right now, nearly 98 million Indians are above 60 years of age. This number is expected to rise to 240 million by 2050. Many senior citizens are financially independent when t...