As you have a bank account these are the general steps you need to take.
1. Get yourself an address and then go to immigration and complete the TM30 process. Your landlord may do this for you but you will need to go for step 2.
2. Ask immigration exactly what you need to do to a Non Immigrant O. Also ask what they need for the 1 year extension.
3. Depending on the area where you are living will determine whether you need 800k seasoned in a bank account for a period of time. The 800k will need to be sent from outside of Thailand.
2A if your money needs to be seasoned for 2 months you will need to apply for a 30 day extension on your visa exemption or tourist visa.
3. Apply for a Non Immigrant O based on being over 50. This can normally be done when you have 30 days remaining on your current stamp. In certain immigration offices this can be done 45 days early.
4. When you have
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days remaining on you Non Immigrant O stamp apply for a 1 year extension. Again ask at your immigration office for their requirements.
Keep in mind re-entry permits. Basically the rule is whenever you leave Thailand you need a re-entry permit.