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  2. Independent senior living - Wikipedia

    en.wikipedia.org/wiki/Independent_senior_living

    Some communities are tied to an adjoining, apartment-style independent senior living community. Residents may have the option to rent or buy. Continuing Care: Communities that provide access to independent living communities, as well as assisted living and skilled nursing. Residents can transfer among levels of care as needs change.

  3. Retirement community - Wikipedia

    en.wikipedia.org/wiki/Retirement_community

    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]

  4. Age-restricted community - Wikipedia

    en.wikipedia.org/wiki/Age-restricted_community

    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 ...

  5. Should you avoid living in a 55-plus community? Here are 5 ...

    www.aol.com/finance/avoid-living-55-plus...

    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 ...

  6. Here is the average income for retirees in the US — how do ...

    www.aol.com/finance/average-income-retirees-us...

    Taking into account combined income sources, including savings and Social Security benefits, Americans aged 65 and over spent an average of $57,818 as of 2022 — and with the inflation rates we ...

  7. Downsizing for Retirement? Stay Away From These 7 Homes - AOL

    www.aol.com/downsizing-retirement-stay-away-7...

    “Opt for properties with smaller, low-maintenance yards or consider communities with landscaping services included.” ... “In many 55-plus communities, you can have large assessments for ...

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