Retirement communities are an excellent option for senior living. They offer plenty of activities, amenities, social interaction, and care services (when needed). Most importantly, they also provide peace of mind. But how do you choose the right retirement community for you?
Here are some tips to help you get started:
Decide if You Want to Rent or Own
Retirement communities can range from planned neighborhoods with homes you can own to apartment-style complexes with monthly rent payments. There are also continuing care retirement communities (CCRCs), like Buena Vida Estates, that require both an entry fee and a monthly fee but offer significantly more perks and peace of mind.
Identify What You Want Long-Term
When looking at retirement communities, it is important to consider what levels of care are available or whether or not you might have to move again in the future.
Unlike other retirement communities, CCRCs provide residents with access to a full continuum of care. Independent living, assisted living, memory support and skilled nursing care are all available to residents if they should need it in the future.
Determine if It’s a Good Fit for You
Before making any decisions, make sure you have the chance to get a feel for the community. Attend any events or activities that are open to the public. Make sure you speak to current residents about the lifestyle, culture, and even things like resident turnover.
Choose the Right Retirement Community for You
Deciding where to spend your retirement is a big decision – it will impact your finances, happiness, and health for many years to come.
There are many important factors to consider, but following the tips outlined above might help make the decision a little easier.