Also known as retirement communities, retirement homes or senior housing, they have become popular with today’s baby boomers and seniors who have few if any disabilities and need only limited assistance. Retirement communities can offer a wide range of intellectual, physical and social activities to help enhance and enjoy those golden years.
Senior Living Communities
Independent living communities are for seniors looking to remain active and having access to amenities that support their goals.
Common activities or amenities found in retirement communities might include:
At first glance, independent living communities may look like 55+ retirement communities, with active, healthy residents taking advantage of amenities like tennis, yoga or golf. But many communities function more like all-inclusive resorts than the conventional real estate, meaning a single monthly rental fee includes not only housing but also:
Some communities offer month-to-month lease fees while others require a commitment; some charge buy-in fees, while a few require the purchase of a home in addition to monthly fees for services. The size of this monthly fee varies widely, depending on the size of the unit and the location of the community.