Moving to senior living apartments can be a big change. However, it also comes with some unexpected financial relief. As we age, the costs of maintaining a home, managing health needs and taking care of everyday tasks can add up.
When you transition into a senior living apartment, you may find that many of these costs are no longer your responsibility. Let’s take a look at the things you no longer need to pay for when you make the move to a retirement community.
Home Maintenance and Repairs
Owning a home means you’re responsible for repairs, maintenance and unexpected problems like leaky roofs or broken appliances. These costs can be frustrating and costly.
When you move to senior living apartments, maintenance is included in your monthly fees. No more worrying about fixing plumbing issues or lawn care. If something breaks, it’s taken care of by the community team.
Property Taxes
One of the major expenses of homeownership is property taxes. These can vary based on where you live. However, they always add up. In a senior living apartment, you won’t have to worry about paying property taxes. That responsibility falls on the community itself. This will save you a significant amount of money every year.
Utility Bills
When living independently, utility bills—like electricity, water and heating—are often separate from rent and can fluctuate from month to month. Senior living apartments often include these costs in the monthly fee.
This means you won’t have to worry about rising energy bills during hot summers or cold winters. Everything is bundled together so that you have a predictable cost for your monthly expenses.
Yard Work and Landscaping
If you’ve ever had to mow the lawn, trim the hedges or shovel snow, you know how time-consuming and physically demanding these tasks can be. In senior living apartments, landscaping is handled by the team members. There’s no need to invest in a lawnmower, gardening tools or even hire a landscaper. Enjoy the outdoor space without the hassle.
Housekeeping and Cleaning Services
Many retirement communities offer housekeeping services as part of the package. This includes cleaning common areas, your apartment and even doing your laundry in some cases. You won’t need to hire a cleaning service. You’ll have more free time to relax or enjoy activities. Your apartment will stay clean without you having to lift a finger.
Homeowners Insurance
If you own your home, you’re required to have homeowners insurance. This can be another added cost every month or year. In a senior living apartment, your unit is covered under the community’s insurance policy.
While you may still need a renter’s insurance policy for your personal belongings, you won’t have to pay for the expensive homeowners insurance anymore.
Pest Control
Pest control is another cost that can become a headache in a home. Whether it’s ants, rodents or other insects, dealing with pests can be time-consuming and costly. In senior living apartments, pest control is often provided as part of your package. You won’t need to worry about calling an exterminator or paying for treatments.
Security and Safety Features
Security systems, cameras and alarm services can be expensive to install and maintain in a private home. Senior living apartments typically include round-the-clock security, emergency response systems and safety features, all of which are part of the service. This provides peace of mind knowing that help is always available in case of an emergency.
Transportation Costs
In many communities, transportation is provided for residents who need it. This can include trips to grocery stores, medical appointments or even social outings. You won’t need to worry about maintaining a car, paying for gas or dealing with insurance. Transportation services are often included–helping you get around without the stress.
Fitness and Recreation Fees
Many retirement communities come with amenities like fitness centers, swimming pools and recreation rooms. You won’t have to pay for a separate gym membership or additional recreational activities. Everything you need to stay active and engaged is available on-site, often as part of your monthly fee.
Moving to senior living apartments can provide more than just a change in scenery; it can offer financial relief from many of the burdens that come with homeownership. Our community understands that the move to a retirement community is a big decision. We aim to make it as stress-free and beneficial as possible.
If you’re considering a move to senior living and want to learn more about the costs and benefits, feel free to reach out. We’re here to help you make the best choice for your future.