Retirement Homes
Retirement Homes are geared to those in good health, who can manage their medications, and have plenty of leisure time. Most Retirement Homes have a minimum age requirement of 55.
Average entry age: 65
Women to men ratio: 3:1
Note Retirement Homes are also often called Retirement Communities or Independent Living Communities.
Who oversees Retirement Homes in the US?
The Commission on Accreditation of Rehabilitation Facilities and Continuing Care Accreditation Commission (CARF-CCAC) is a Federal non-profit. Licensing of individual communities is done state by state.
The Down Side of Retirement
- Boredom
- Loneliness
- Isolation
- Feeling useless
Feeling vulnerable
The Positive
- Activities - exercise for the body and brain
- Socializing - planned events and community gathering places
- Convenience - self-contained, often a car is unnecessary
- Accessible - fewer stairs and wider doorways to accommodate mobility devices
- Security - connectivity to Emergency Response Service (EMS)
- Simplified Finances - monthly cost includes rent, taxes, utilities, and maintenance
Ask What’s Nearby
- Pharmacy
- Grocery
- Hospital
- Dentist
- Complementary care (massage, chiropractor, acupuncture)
- Attractions (movies, theatre, arts)
- Schools that offer continuing education
- Community Centers
- Shuttle or other transportation service to appointments
The secret to successful Retirement Living
The spirit and atmosphere: Taking into account the expected adjustment with any change in living arrangements, it’s important to feel comfortable.
Good to know
Is there rehab or short term help with recovery from:
- Surgery
- Accident
- Fall
- Illness
Is there opportunity to move, within the community, if additional care is needed?
If a resident’s mobility, medical or mental condition deteriorates, is there an Assisted Living or Skilled Nursing Facility (also known as Nursing Home) within the Community.
Some Retirement and Independent Living Communities offer a trial stay, guest accommodations and have rates for additional occupancy.
Essential to know:
- What your monthly costs will cover, and compare to current costs
- Contractual expectations
- Termination and change options