The Cost of Retirement Communities

Finding a home as a retiree, senior or the child of a senior can present many different residential housing options. Sure, you have many options-but where are you in your life? Are you looking for more amenities with less maintenance & responsibility? Do you lead an active lifestyle?

Our sister site, Tampa Senior Moves, featured an article on the various senior housing options available and what to plan for your upcoming rightsizing:

With millions of baby boomers now in some phase of retirement, there have never been more retirement housing options available to seniors. Forget about your grandfather’s nursing home, today’s senior living care spans the full gamut of completely independent homes to Continuing Care Retirement Communities (CCRC) and beyond. Depending on your needs and your budget, you can find exactly the right balance of services and amenities that work for your lifestyle.

55+ Adult Communities

Housing accommodations in this category might include anything such as apartments, condos, mobile homes or single-family homes. Here your home cost will be determined by the size of the home, its location, and the type of additional amenities like a pool or spa, just like a normal real estate transaction.  Most 55+ communities also charge additional fees for maintenance, activities, recreational amenities and any other services.  Depending on the level of upgraded services that are provided, these fees could range from a few hundred dollars to several thousand per month.

Read the rest of the article on on Tampa Senior Moves >>>