How Can You Create the Perfect Home for Retirement?
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The end of your working career and the start of retirement is a major change in your life. Many people see this change as the perfect time to renovate so that they can improve their homes and really make the most out of this time. Read on to find out why renovating is a smart move at the start of retirement and how you can create the perfect home for this new chapter.
Why Renovate for Retirement?
There are a few good reasons to renovate for retirement. Renovation allows you to make improvements to the property so that you can enjoy spending more time at home, plus it gives you the ability to future-proof so that you can still use your home as you get older.
Not only this, but renovation can be a fun project to get stuck into once you stop working. On top of all this, renovating can help to add value to your property and this is always worth doing.
How?
Home renovations can be major projects, so it is important that you make plans and work out your budget. The cost of these projects can quickly add up, so you need to consider what the best financial source to use is.
You could use your pension, but if you are over 55 and own your home then an equity release mortgage is a good option as this allows you to access the money tied up in the home. You will also want to think about contractors, materials and project timelines.
What Changes?
When renovating for retirement, you want to focus on comfort and livability. Therefore, you want to focus on projects that will make your home more comfortable and practical. This can include living room renovations, bedroom upgrades, painting and decorating and lighting upgrades just as a few examples.
Kitchen Renovations
Kitchen renovations are always worthwhile, especially if plan on doing a lot more cooking in retirement. A kitchen renovation can improve your entire home and could also help to add a significant amount of value. View a range of ArchiPro’s kitchen and laundry products to revamp your kitchen.
Accessibility
As mentioned above, you also need to think about the future and make improvements so that your home is accessible. Upgrades like handrails in the bathroom and on the stairs, a walk-in shower and a stairlift are all worthwhile.
Hopefully, the information in this post will be useful and help you to plan for renovations in retirement that will improve your lifestyle during this period of change.
This is the ideal time to make improvements to your home, but you want to carefully consider what the best projects are as well as work out your budget so that you can plan accordingly and make improvements that will help you to make the most out of retirement.