August 18, 2015

I’m looking for an affordable retirement community. How can I know what’s in my price range?

The Senior Care Experts at Ecumenical Retirement Community

Perhaps you’re thinking like many people who feel they might benefit from being part of a senior community—that they “just couldn’t afford it.” If so, don’t jump to that conclusion without a little research. You may be surprised at what you discover.

Talk with people in the know
In making your decision, you will need to consider immediate costs and future expenses. Start by talking with people who have experienced the financial aspects of moving to a retirement community. Friends and family members who have made the transition could answer some of your questions. A financial advisor, trust officer or estate attorney could provide guidance related to your savings and investments. A realtor could assist with a fair market value of your home.

If you have an assisted living center or other retirement home in mind, call and ask to meet with the admissions director. She or he can provide you with information on specific benefits and costs, as well as possible funding assistance to make your retirement living more affordable.

Look into funding assistance
Various financial options may help to make the transition within your financial means and your decision easier. Among these are companion living, tax deductible expenses, veteran’s allowance for aid and attendance, reverse mortgage and Life Care Funding.

Compare expenses
Keep in mind the expenses you will cut by living in a senior living community. You will no longer have to make regular meals, do laundry and maintain a home. As a result, many retirement community residents find that, overall, they have fewer expenses—with more benefits—in their new living situation.

People often express surprise when they actually compare their total current living expenses with costs for independent or assisted living. Our interactive tool makes this comparison relatively easy.

Consider Ecumenical

At Ecumenical Retirement Center, a nonprofit, all-rental retirement home in Harrisburg, Pa., you would have an affordable entrance fee payable when you move in, and an all-inclusive, fixed monthly rent based on your care level and selected living accommodations.

Ecumenical has several lifestyle options to meet your needs. Independent living at Ecumenical includes a host of amenities including meals, utilities, housekeeping, laundry, outdoor maintenance, social activities, fitness programs and more. Personal care services are for seniors who require assistance with daily routines like dressing, bathing and medications. Ecumenical also offers memory support services and restorative services.

For more information on senior living options at Ecumenical, call us at (717) 561-9962 or complete our online form.

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