Top 10 ways senior living can save you money
Households 65 and older fork over an average of $36,802 annually on total expenses, according to data compiled in the 2010 Consumer Expenditure Survey. Given the increasing cost of groceries, fuel, health care, utilities and more, living on a fixed income is rapidly becoming more challenging.
Senior living communities, such as Holiday Retirement’s 315 in North America, provide a convenient and valuable option for seniors. The communities allow residents to save by consolidating the majority of their regular expenses into one steady, affordable amount.
Below are the Top 10 ways senior living at a Holiday Retirement community helps you save. Compare your own monthly expenses by using this handy Cost Calculator.
Residents enjoy complimentary shuttle service (if they no longer wish to drive), which frees them of unpredictable fuel costs, vehicle maintenance and repairs, insurance expenses and the hassles of public transportation. Instead, courteous drivers transport residents to appointments, on errands and to special outings.
Recent USDA data reveals that average households of two people 50 or older spend between $357 and $685 per month on food at home, which doesn’t include the added expense of dining out. Holiday Retirement serves three chef-prepared meals from scratch daily in a restaurant-style dining room. Holiday’s purchasing power enables its communities to serve affordable yet quality cuisine. Residents also avoid spending valuable time preparing meals, cleaning up or seeking items in crowded supermarkets.
According to a recent article on ABCNews.com cable prices are continue to climb. An all-inclusive independent retirement lifestyle combines cable, and all other utilities except phone, into one convenient payment. Seniors will also find budgeting much easier without multiple, fluctuating bills every month.
Unlike most other senior living options, Holiday Retirement communities do not require prohibitive buy-in fees or long-term contracts. Each rental agreement is month-to-month. While Holiday Retirement communities do not offer any medical or nursing assistance, residents are welcome to use outside home health care providers, which enable them to tailor services to meet their specific needs and avoid paying for any additional, unnecessary services.
Home repairs and upkeep are both time-consuming and costly. Repairs in an understaffed apartment or condominium complex may also take weeks. Each Holiday Retirement community features a handy Maintenance Technician on-site who can immediately and efficiently respond to any needs. The Maintenance Technician also makes certain the community’s grounds are beautifully manicured at all times.
Holiday Retirement's exclusive travel program allows residents to stay free of charge in a guest suite at nearly all of its more than 315 communities throughout North America. While visiting their destination of choice, residents enjoy the exact same amenities they do at home, including chef-prepared meals daily, activities, transportation, housekeeping and more – at no additional charge. Residents can use the money they would have spent on expensive hotels to make their trips even more enjoyable.
When not taking advantage of Holiday Retirement’s travel program, each community offers plenty of ways to have fun, including a billiards lounge and game room, TV and media room with Nintendo Wii or Private Dining Rooms for special occasions. Holiday Retirement’s enrichment program also provides residents daily activities, entertainment, educational seminars, volunteer opportunities and much more.
Physical activity is a pivotal piece of maintaining a healthy lifestyle, but expensive and crowded fitness centers may not appeal to seniors. Holiday Retirement communities conveniently offer on-site fitness rooms or access to exercise equipment. Residents can also participate in group fitness activities such as Tai Chi or Bean Bag Baseball.
Washers and dryers are conveniently located throughout each Holiday Retirement community and are free of charge for all residents. Complimentary maid service also provides linen service and weekly housekeeping such as vacuuming and dusting.
Preserving “emotional and physical accounts”
People have three accounts that contain currency: A financial account, an emotional account, and a physical account. While Holiday Retirement communities can help residents save actual money in their financial accounts, perhaps the biggest gains come in the emotional and physical accounts. Residents benefit from a carefree environment and all-inclusive lifestyle. From pleasant housekeepers, to attentive servers at mealtime, and helpful maintenance technicians who are there when you need them, this community is the new extension of your family. We're here to make your life easier in any way we can.
Call for more information or stop in for a personal tour!