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How old do you have to be to live in a retirement home?
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As seen the above infographic, the term retirement community is a broad term covering many varieties of housing options for seniors. There are active senior communities, age-restricted (e.g. 50+, 55+ 62+) communities, and independent living communities.
What is a retirement home?
Asked by unknown
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A retirement home is a privately-owned residence that provides rental accommodation with care and services for seniors who can live independently with minimal to moderate support and are able to fund this lifestyle on their own.
How much does it cost couples to be in assisted living?
Asked by unknown
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The couple can live together, and only the spouse who needs more care pays for that higher level of care," Kirby explains. The cost of room and board in assisted living can be as little as $1,500 per month; however, that price will be higher depending on the level of care that each resident needs.