Active seniors find moving to an independent living community is a great way to live their retirement dreams. The maintenance-free lifestyle these communities offer, combined with the rich variety of activities and programs, makes it ideal for a retiree. Because there typically aren’t many care-related services offered in an independent living community, most of the financing will need to come from the family’s personal savings and assets.
One factor to keep in mind is that the costs of remaining in your private residence may be comparable to the monthly fees assessed in an independent living community. Your utilities, cable, internet, meals, maintenance and repairs, snow removal, lawn care and more are usually included in your rent.
In addition to using private funds, you might be able to finance a move to an independent living community in a few other ways:
If independent living seems like a good fit for you or a senior loved one, we encourage you to put American Senior Communities on your list to explore. One of our experienced team members can help you create a budget so you can be confident you are making an informed decision. We invite you to and speak with an experienced team member who will be happy to help!