As you or a loved one navigate the golden years of your life, financial security becomes an important concern. The prospect of rising health care costs, potential long-term care needs, and other unforeseen expenses can be daunting, so in the quest for a secure and comfortable retirement, many individuals are turning to innovative solutions like Life Plan Communities and LifeCareⓇ.
These options are transforming the landscape for seniors by providing comprehensive financial security, complete with the lifestyle active adults are looking for.
What Is LifeCare?
Unlike traditional retirement communities, LifeCare offers a holistic approach to retirement living that combines independent living with access to higher levels of care, if needed in the future. Health services include assisted living and memory support, as well as:
What Benefits Does LifeCare Offer?
Having priority access to support is a top-tier benefit, but there are many financial advantages to living in a Life Plan Community that offers LifeCare as well. Some of the many include:
Financial Predictability
When seniors opt for LifeCare, they typically pay a one-time entrance fee and monthly fees. This entrance fee, often comparable to the cost of a home, secures a lifetime of access to the various levels of care within the community.
Their predictable monthly fee covers a range of services and amenities, including engaging programming, meals, a maintenance-free lifestyle, access to the fitness center, and everything that makes life worry-free.
This provides a sense of security while allowing seniors to plan their finances more effectively – knowing that their housing and health care needs are covered, regardless of how those needs may evolve.
Protection Against Rising Health Care Costs
As we are well aware, care costs tend to rise over time. LifeCare shields seniors from the impact of these increases by providing access to supportive services within the community without substantial additional costs.
This protection extends to assisted living and skilled nursing, offering residents peace of mind knowing they won’t face unpredictable expenses that could erode their savings.
Asset Preservation
LifeCare not only provides financial security but also aids in preserving the assets that seniors have worked so hard to accumulate throughout their lives.
By offering a continuum of care within the community, LifeCare reduces the likelihood of exhausting savings on unexpected medical expenses or long-term care needs. This preservation of assets ensures that seniors can enjoy their retirement without the constant worry of outliving their financial resources.
Community Support and Independence
Beyond the financial aspects, LifeCare emphasizes the importance of community support and independence. Living independently in a senior living community featuring LifeCare fosters:
- Social connections
- Emotional well-being
- Overall higher quality of life
Residents can maintain an active lifestyle while having the assurance that support is readily available should their health needs change.
When To Move to a Community Offering LifeCare
To put it simply, the best time to move is right now! In order to qualify for LifeCare, you need to be financially and medically eligible. Not only this, but the sooner you move, the sooner you can enjoy a truly carefree lifestyle while locking in low health care rates!
Discover LifeCare at a Life Plan Community Like Sandhill Cove
LifeCare at a community like Sandhill Cove offers the peace of mind that you have access to health care if or when you need it. It also offers the opportunity to experience financial stability and an enriching and engaging lifestyle.
To learn more about LifeCare at Sandhill Cove or for more information about our entrance fees and monthly service expenses, call us today or contact us on our website.