Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Checking out unsubsidized senior independent living communities, I find that most of them charge anywhere from $3,000 to over $7,000 a month. How do retired people afford those rents?
Those sound more like assisted living prices than independent living! I don't know what part of the country you're in, but that's very high for IL. You could try using calling this service called "A Place for Mom". Be sure to specify Independent Living. The people on the phone there can give you lists of senior apartments in your area and tell you the rents and the amenities. They get paid by the apartment companies, so there's no charge to you.
I called A Place for Mom a couple of years ago. When they heard what my yearly income would be when I fully retire, they said they couldn't help me and hung up on me. I have a very bad taste in my mouth when it comes to "A Place for Mom".
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
34,741 posts, read 58,090,525 times
Reputation: 46231
$3000 - $7000 is the going rate for independent senior living in my region. Usually includes (2) meals / day. The higher end are 'cruise ship' quality (Must dress up for using the dining room), but once you require crutches, a walker or a wheelchair to get to the dining table, you must leave the independent facilities (They don't want any 'old people' living there!
Twice that rate for assisted or SNF + additional costs (med distribution, transport, housekeeping, laundry, bathing, food assistance or delivery, special menus...)
I called A Place for Mom a couple of years ago. When they heard what my yearly income would be when I fully retire, they said they couldn't help me and hung up on me. I have a very bad taste in my mouth when it comes to "A Place for Mom".
Realize that the $3000/month often covers all or many of the following: utilities, meals in the dining room, activities, outings, shuttle transportation to shopping/medical appts, light housekeeping, light laundry service, maintenance.
You basically pay your rent each month and everything else is done.
You can give up driving along with the expense of car insurance, registration, etc. You won't have property taxes. You won't have to coordinate and plan repairs on the building, you won't have to even cook unless you feel like making something in your apartment.
It actually isn't a bad deal. You could pay $1000/month for a no frills apartment and after you add in the cost of food, transportation, activities, utilities, etc you might not be paying that much less and you wouldn't have nearly the quality of life and worry free existence.
Realize that the $3000/month often covers all or many of the following: utilities, meals in the dining room, activities, outings, shuttle transportation to shopping/medical appts, light housekeeping, light laundry service, maintenance.
You basically pay your rent each month and everything else is done.
You can give up driving along with the expense of car insurance, registration, etc. You won't have property taxes. You won't have to coordinate and plan repairs on the building, you won't have to even cook unless you feel like making something in your apartment.
It actually isn't a bad deal. You could pay $1000/month for a no frills apartment and after you add in the cost of food, transportation, activities, utilities, etc you might not be paying that much less and you wouldn't have nearly the quality of life and worry free existence.
Yes this is like the place my sibling chose to live in.
They did everything for her. I think she was paying 2800 a month - but that included food, internet, cable, trips to the store and weekly restaurant outings. Laundry, cleaning. It was a worry free existence. A nurse was on duty and a doctor on call.
Yes this is like the place my sibling chose to live in.
They did everything for her. I think she was paying 2800 a month - but that included food, internet, cable, trips to the store and weekly restaurant outings. Laundry, cleaning. It was a worry free existence. A nurse was on duty and a doctor on call.
They also were able to have increasing care.
How often can one expect a rent increase in such a place? I would think if someone can barely afford the rent when they move there, they may have a rude awakening in a couple of years if rents increase in any type of significant way.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
