The cost of senior living can be higher than what many older adults can afford, especially if they need medical care or help with Activities of Daily Living (ADLs) and have a fixed income. Retirement...
Category: Retirement Community
Some retirees can enjoy retirement in luxury retirement communities with higher rents and fees. They cater to “the silver tsunami” — the coming wave of aging baby boomers who are still socially...
Retirement homes are residences for older adults that typically provide an apartment-style room or suite of rooms. They used to be called old-age homes but now can describe senior living options such...
Moving into a senior living complex or assisted living facility often requires paying a community fee. Community fees average $1,000 to $5,000 in rental properties and cover the costs of preparing...
Senior Living vs. Assisted Living: Care Options For The Over 55 Crowd
Senior living communities are housing facilities designed for those over 55. Many of them are designed for independent living, but the term also includes assisted living that offers personal care...