Is Living In Retirement Community A Financial Burden?
The prospect of living in a retirement community would seem
better than living in an apartment in the middle of the city. However,
financially it might not be the best choice, or is it? Post the retirement,
there is no source of income left; the aging individual has to live upon the
savings and the monthly pensions. Here are the reasons why an independent life
in retirement community is hundreds times advantageous:
Difficulties in
maintenance:
In the process of aging, individuals with time develop
disabilities, illness and other health problems. Living in an apartment and
self handedly conducting al household work would not be possible after few
months or years. Especially when having a big house, the maintaining task seems
never ending. Then a helping hand is more preferable, and hence the monthly
payments to the housemaid or other such assistance. This is one less worry when
living in independent homes in retirement communities, where the maintenance
costs are on sharing basis. Besides, they have options like single room
apartments to small houses to choose.
Utilities of prime
importance:
Another hole in the pocket is while paying for monthly
internet services, electric and telephone bills and other utilities like water,
gas and others. While again in communities, all this is available for a price
of half, since the cost division among neighbors.
Something for the
stomach:
Cooking for self and partner too becomes difficult after
certain years and then hiring a part time cook seems relieving. Those who live
alone might order food from outside or just have dinner the neighborhood diner.
All this seems affordable for few days until the bill and the monthly payments
seems too heavy on the pocket.
Since there is no more monthly income, paying for all this
becomes a huge problem. Why worry so much when communities offer you all above
facilities at comparatively half rate. They have nursing facilities within the
senior housing village, where nurses are available for care and treatment.
Hence, in the times of emergency, there is no need to run to doctors; rather
they visit the patients. Also 24x7 security systems ensures the residents that
they are safe.
Well the calculations would prove that living in apartment
is comparatively expensive than the housing rents. All of this available at low
cost is possible with the generosity and willingness of investors and
developers.The profit margin for the amount invested is not satisfying, since
the costs of the facilities and amenities also require financing. Investors
like Alan Naul Javelin Group, have
invested thoroughly in innumerous senior care housing facilities and have
actively supervised many of those construction sites.
To relieve the burden off from the shoulders of the seniors,
the investors finance for their facilities. Alan Naul Javelin Group has believed in
doing business yet contributing for society when needed. Since the aged people
are a major part of the society and have contributed a lot for it in return,
they deserve a happy life post the retirement.