The Advantages of Living in a Life Plan Community
With an estimated 73 million Baby Boomers making up the U.S. population today, experts project a shortfall of 550,000 senior housing units in the next five years. If you want to be in a senior living community by ages 75-80, you should to start looking at ages 65-70. So, while your golden years may feel a ways off, the earlier you decide what you want your older adult years to look like — and where you want to spend them — the better. In this blog, we’ll discuss what a Life Plan Community is, how they serve their residents and provide resources to those considering a later-in-life move to one of these communities.
Planning for the future should give you and your loved ones’ peace of mind. The earlier you decide the next steps for situations involving your senior living options, the better. And there is no better place to plan the next steps of your life than in a Life Plan Community.
What is a Life Plan Community?
Life Plan Communities are a type of senior living community equipped to prioritize an independent lifestyle. These communities are different than retirement communities, focusing on enabling active and healthy living for their residents. Residents who move into Life Plan Communities, while still independent, are guaranteed access to higher levels of care, such as residential and memory care, should they need it later in life.
Living in a Life Plan Community like Capital Manor requires a signed contractual agreement and an entrance fee. These commitments provide a lifetime of lower monthly fees, lower out-of-pocket expenses and lower personal care costs, even if care needs change.
The Benefits of Life Plan Communities
What other benefits come from living in a Life Plan Community? Amenities, for starters, are included in your consistent monthly fee. That means access to services like housekeeping, fitness centers, indoor swimming pools, hot tubs, community gardens and more at no additional cost.
Many older adults that choose Life Plan Communities also value access to wellness services and desire programs to keep them active. Residents of these communities can expect a wide variety of on-site activities, clubs and committees, including everything from educational lectures to art and fitness classes.
As they age, residents of Life Plan Communities may need greater help with everyday tasks. Living in a Life Plan Community means residents can receive additional care from specially trained professionals without having to relocate. Care within Life Plan Communities allows residents to maintain the level of independence they crave for as long as possible. And should a higher level of memory care be necessary, these communities can provide this as well.
NEXT STEPS
Learn about your opportunities at Capital Manor by attending one of our Life Planning sessions and start planning your encore today! RSVP by calling 503.825.2002 or visit CapitalManor.com/Events.
From there, you will want to start considering downsizing, or as we like to call it, rightsizing. Here are some local resources to consider when you start to downsize or “rightsize” prior to moving to a Life Plan Community:
All Around Movers | 503-391-6143
J&L Home Esthetics | Alicia Nelke 503-428-3010 and Mindy Walker 503-991-4221, [email protected]
Jillian Slezak, Realtor | 971-237-1367, [email protected]
