Resolving to Save in 2017?
Did you spend time with your aging parents during the holiday season? Or, perhaps you ran into a friend that is simply tired - tired of maintaining a home, cooking and being alone, especially during the winter. Observations made about aging or the life older adults in our lives are living, often prompt thinking - is there a better way?
Many older adults and their families stumble across a local senior living community. They notice a sign out in front a property they've driven by for years. Or, they receive a post card - in the past was simply discarded. More and more people go online simply searching for better ways to live life as an older adult. They see wonderful photos of smiling seniors, comfortable apartments, spacious common areas - and delicious meals. All of this prompts the question - can we really afford something like this?
Only you can really answer this question - but there is more to the answer. In 2017, as in many years, people resolve to save. Over the next few months, Holiday Retirement wants to help people with this resolution by offering some different perspectives as well as some incentives.
THINK ABOUT THE COST OF AGING AT HOME
Holiday Retirement uncovers the costs of aging in place, both for seniors and their loved ones, in a new e-book, "7 unexpected financial benefits of living in a senior living community." With this senior living resource, seniors and their families can quickly gain an understanding of potential unknown costs, calculate their own anticipated expenses, and understand the benefits and drawbacks of aging in place versus moving to a senior living community.
When faced with the choice whether to encourage a parent or loved one to move to a senior living community rather than "aging in place," the latter inevitably sounds like the right decision. Doing nothing is an option. Moves tend to be difficult; the option of remaining in one’s home, surrounded by familiar routines, is even more tempting for those over the age of 65. When weighing the pros and cons of aging in place or moving into a senior living community, there are many variables to consider. From expected costs such as rent or mortgage, to unexpected costs like car repairs, this checklist provides a comprehensive look at all expenses.
THINK ABOUT THE COST OF A SENIOR LIVING COMMUNITY
Alternatively, imagine not having to itemize out these expected and unexpected costs each month. At Holiday Retirement, one all-inclusive monthly rent takes care of all the details of life - nutritious, home-style meals, housekeeping, scheduled local transportation, activities, and a friendly staff. One can enjoy the privacy of their own private apartment and the option to be as social as they want outside in the community. All of this security, comfort and value is provided for the rent you pay. If you ever need personal care, you have the option of hiring a care provider you choose.
The best way to weigh all the pros of cons is to use a simple cost calculator. Try it out - it only takes a couple minutes, and will help get you started.
RESOLVE TO SAVE IN 2017 WITH HOLIDAY!
This is the time of year to look for even more savings beyond those posed above. Many Holiday Retirement communities are offering special savings if you lease and move in the next couple months. Consider these:
- Rate Lock* - Some Holiday communities offer Rate Lock, a program you purchase that will lock in the amount you pay in rent. It offers more peace of mind to those older adults on fixed incomes - and ensures your rent will not go up while you live at the community.
- Pack and Move Specials* - We know the upfront cost of moving is sometimes a burden. That's why we're offering up to $1,000 in rent credits to reduce it for a limited time. What's more, we partner with a company called Moves for Seniors, an expert in helping older adults move into their new retirement community. These added services can include assistance with downsizing, packing and cross country moves.
Want to learn more? Find one of a more 300 Holiday Retirement communities across the country. They'd love for you come in for a visit and try out what their chef has prepared for the day. Or, call 1-800-322-0999.
*RATE LOCK – THIS IS A LIMITED TIME OFFER. TO BE ELIGIBLE YOU MUST (A) LEASE A UNIT AT A PARTICIPATING HOLIDAY COMMUNITY AND EXECUTE ALL RELEVANT DOCUMENTATION RELATED TO THE RATE LOCK, (B) PAY YOUR FIRST MONTH’S RENT, THE COMMUNITY INITIATION FEE AND RATE LOCK FEE; AND (C) MOVE INTO THE LEASED UNIT. SEE THE COMMUNITY MANAGEMENT TEAM FOR COMPLETE DETAILS. CANNOT BE COMBINED WITH OTHER OFFERS. ©2017 HARVEST MANAGEMENT SUB LLC, HOLIDAY AL MANAGEMENT SUB LLC, HOLIDAY AL NIC MANAGEMENT LLC