If you or a loved one are considering retirement living, you’re likely curious about the cost. Questions that may come to mind are: Is moving to a retirement community or aging in place more affordable? What are some benefits compared to staying at home if I make the switch?
Below are some independent senior living costs and the added advantages older adults will experience by moving into senior living housing at Seasons Retirement Communities.
Can I afford retirement living?
No “one size fits all” answer exists to this commonly asked question. Some people may experience “sticker shock” when they first learn about the cost of retirement living. For many, it’s challenging to comprehend paying a monthly fee when you are financially independent or mortgage-free.
Independent senior living costs can appear expensive if you compare them strictly to the cost of living at home with absolutely no support or services in place.
Most older adults move to a retirement community when their circumstances change, such as a health concern or desire for a more convenient and worry-free lifestyle.
Therefore, when comparing the cost of adding support to age at home versus the average affordability of supportive living, you’ll see that enjoying a retirement community’s benefits is less expensive than you may have thought.
The following are seven factors to consider when making this important decision:
The monthly cost at Seasons includes 24-hour emergency response, which means you or your loved one can rest assured our trained service team members are always there if and when needed.
If you choose to stay at home, consider the cost of a similar life-saving subscription service that can assist you in an emergency.
Provincially-funded home care may be allocated whether you live at home or in a retirement residence.
However, it’s important to remember that, depending on the care required, the allocated time might need to be supplemented with private home care. You may be surprised to learn the price of private-pay home care and its hourly minimums compared to additional health and wellness services at Seasons.
In Alberta, you may qualify for home care through Alberta Health Services, which means you may be eligible to receive care at no additional cost in the comfort of your Seasons suite!
Seasons Fun Managers plan monthly activities based on each home’s preferences and interests, ensuring a balance of fitness, wellness, and social and spiritual engagement.
These activities offer fertile ground for making friends in the same stage of life and creating positive connections with your neighbours.
While older adults still living at home would likely have to pay a monthly gym membership or admission to these kinds of public social events, at Seasons, you can join in on the fun any time at no additional cost.
Say goodbye to hectic grocery store trips and cooking all the time! Seasons’ skilled chefs prepare meals for you. Additionally, coffee, tea, juice, baked goods, and fresh fruit are conveniently available from the bistro.
Having healthy and nutritious meals prepared can also help reduce the risk of injury. For instance, some older adults experience reduced eyesight or hand-eye coordination or are susceptible to falls. For some, forgetting to turn off the stove can also be a concern.
Having meals prepared by Seasons’ dining services team allows you to enjoy your meals without worry.
If you stay home, can you maneuver the stairs, or will you need a chair lift installed? Do you need a shower with supports installed instead of a bathtub? Are the doorways wide enough for a mobility device?
Seasons communities have been thoughtfully designed with this in mind. There’s no need for costly, messy, and time-consuming renovations.
Having your own home comes with an endless to-do list. What happens when you can no longer manage the tasks? How much would it cost to have someone clean your home weekly? Or take care of outdoor maintenance such as grass cutting, landscaping, and snow removal?
Your monthly at-home expenses may continue to increase as your house requires more maintenance tasks that you cannot undertake.
In contrast, all of these helpful services are included in your monthly fee at Seasons, making the cost of senior living much more reasonable and providing you with a hassle-free lifestyle. You can relax knowing trained professionals are handling all your main chores.
You can’t put a price tag on the support your loved ones or neighbours offer, but what if they suddenly weren’t available?
Residents and families find peace of mind knowing Seasons has a dedicated, caring staff available 24-7 who are always happy to help. Now, time spent together means simply enjoying each other’s company, unburdened by daily tasks.
Contact Seasons Today
For more information about independent senior living costs, please contact a Leasing Manager at your desired location or complete our contact form to arrange a personal visit.