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Typical residents. A typical independent senior living community resident is a person 55 and older who is mentally and physically capable of living alone without skilled nursing or assistance with day-to-day activities. Some residents may need assistance with a few activities of daily living and can obtain third-party home health care services.
Even if you don’t plan on selling your home to fund your retirement, you can leverage the hot housing market in your favorite major city by investing in residential properties in major U.S ...
A continuing care retirement community (CCRC), [1][2] sometimes known as a life plan community, is a type of retirement community in the U.S. where a continuum of aging care needs—from independent living, assisted living, and skilled nursing care—can all be met within the community. [3] These various levels of shelter and care may be housed ...
Even if you can afford to live in a 55-plus community, additional fees will have a way of eating into your retirement budget. For example, amenities can total roughly $200 a month, meaning an ...
A retirement community is a residential community or housing complex designed for older adults who are generally able to care for themselves. Assistance from home care agencies is allowed in some communities, and activities and socialization opportunities are often provided. [1] Some of the characteristics typically are: the community must be ...
9. West Virginia. Annual expenditures: $43,059 Early retirement is also a good possibility in West Virginia, where overall costs are pretty low. The annual housing cost is $7,793, and annual ...
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