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Sun City is a gated community and is age restricted to adults 55 and over. The majority of the residents are married and retired, though some continue to work full-time or part-time or have home-based businesses. Most of the single-family residential homes look out over golf course holes, ponds, or natural areas.
According to 55places.com, Florida has the most age-restricted communities with more than 375 communities, with New Jersey coming in second with more than 230 age-restricted communities. [9] Other popular states for age-restricted communities include Oregon, North Carolina, South Carolina, Pennsylvania, and Utah. [10]
Nearly all age-restricted and active adult communities allow people under the age minimum, such as grandchildren, to visit and stay on a limited basis. Most age-restricted communities have covenants that allow people under the age-minimum to reside temporarily in the community for a period of time ranging from two weeks to 90 days per year ...
Up to 20 percent of residents in age-restricted communities can be under the set residency age, but these arrangements are largely used to accommodate adult children who inherit property. The rule ...
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 ...
The rules are a little different for other types of age-restricted facilities. For example, if you move into an assisted living community, then part of your expenses go toward medical care, U.S ...
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