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Age-qualified communities, also known as 55+ communities, active adult communities, lifestyle communities, or retirement communities, are often planned communities that offer homes and community features that are attractive to 55+ adults. These might include a clubhouse or lifestyle center with a good many activities, sometimes with indoor and ...
Independent senior living communities commonly provide apartments, but some also offer cottages, condominiums, and single-family homes. Residents include seniors who do not require assistance with daily activities or 24/7 skilled nursing, but may benefit from convenient services, senior-friendly surroundings, and increased social opportunities ...
A retirement home is a multi-residence housing facility intended for the elderly. The concept is sometimes called an old people's home, [9] old folks' home, or old age home, although old people's home can also refer to a nursing home. [10] Typically, each person or couple in the home has an apartment-style room or suite of rooms. Additional ...
This 66-year-old works 11-hour days, has no savings, and lives with roommates — how to build a nest egg ASAP ... about 50% of U.S. women aged 55 to 66 have no personal retirement savings. The ...
Independent senior living communities, also known as independent living communities, which offer no personal care services; [5] leisure or lifestyle oriented communities or LORCs, which include various amenities; [4] mobile homes or RV's for active adults; [5] subsidized housing for lower income older adults. [6] [better source needed]
CCRCs that offer Type A contracts can sometimes be called Life Care communities in contrast to the common Life Plan moniker. [citation needed] Type B or Modified contracts – often have lower monthly fees than Type A contracts, while including the same housing and residential amenities as Type A contracts. However, only some health care ...
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