WHAT IS INDEPENDENT LIVING?
Independent Living housing comes in many forms ranging from 55+ apartment communities to villa homes on the campus of a retirement village or Continuing Care Retirement Community (CCRC). Independent Living is a senior living option for those who are able to perform their own basic activities of daily living (ADLs) and need little or no medical assistance.
WHY MOVE TO AN INDEPENDENT LIVING COMMUNITY?
Independent living is designed to help older adults maintain their independence while recognizing that they are aging. The focus for seniors desiring independent living is often on lifestyle, security and peace of mind. Seniors that fit best in an Independent Living setting are typically looking for social, educational and recreational opportunities to enrich their lives. Amenities are usually an important part of their decision making process. Peace of mind is also key. They are looking for a lifestyle free from the worries of home maintenance, housekeeping, meal preparation and transportation. The need for security often motivates a move to independent living. Living in a congregate senior community offers not only a physically safer environment (i.e. handrails in the bathroom, 24-hour emergency response system) but emotional security as well.
HOW IS INDEPENDENT LIVING PAID FOR?
Most often, Independent Living is paid for from private funds. In some instances, communities may be subsidized by different state and federal programs and those communities are able to offer fees at a sliding scale based on income. Your local Area Agency on Aging typically maintains a list of subsidized senior housing and entrance requirements.
HOW MUCH DOES INDEPENDENT LIVING COST?
Independent living communities vary in price location to location. Typically the cost of independent living reflects the cost of living in the area of the independent living community. In many independent living communities, residents will purchase the home within the community instead of leasing or renting like many other senior living communities. Other fees associated with independent living communities are the buy-in fees. Not all independent living communities have buy-in fees, but there are typically two types. One form of buy-in fee is when you actually pay the community a lump sum upon move-in that is non-refundable. The other type of buy-in fee is refundable and will be returned to the resident upon move-out or to the resident’s family.
To find out pricing information for independent living communities near you, call your local SeniorLiving.Net Care Advisor (866) 342-4297 .
HOW ARE INDEPENDENT LIVING COMMUNITIES REGULATED?
Because they are not licensed by any state or federal agency, Independent Living has no formal regulation process.
Ready to start looking for an independent living community? Call your local Care Advisor at SeniorLiving.Net at (866) 510-9738 to find independent living communities in your area, or in your dream retirement location!