Choosing to live in a 55+ community can offer a variety of benefits. These include amenities, low maintenance exteriors, a sense of community, and a healthier lifestyle. But what are the best benefits of living in a 55+ community?
Costs of living in a 55+ community
Choosing the right community for your retirement is a complex process. It’s important to choose wisely, but that doesn’t mean you have to break the bank. Fortunately, there are a few affordable options on the market. Choosing the right community can help you maximize your retirement dollars, and still enjoy a fun and engaging lifestyle.
The costs of living in a 55+ community vary by region and state. However, in general, you can expect to pay between $1,500 and $4,000 per month for a decent apartment or condo. A high-rise 55+ building in a metropolitan area will likely cost you more than its rural counterpart. You also have to account for secondary expenses, such as insurance and utilities.
Amenities offered
Whether you’re thinking about retiring or simply wanting to spend your golden years in a nice, quiet community, there are a lot of options available to you. One option is to look into 55+ communities. These communities offer a wide range of amenities, including low-maintenance housing and access to activities and social events.
If you are considering purchasing a home in one of these communities, you may want to consider the HOA fees that come with them. These fees usually cover the maintenance of the home and grounds. The HOA also sets rules and regulations regarding what is allowed in the community.
Another advantage of 55+ communities is that they are typically located near hospitals and other health-related facilities. If you need to visit the hospital for medical care, you’ll be able to get there in no time. This can make a big difference in your health.
Quieter lifestyle
Whether you’re looking to downsize, retire or you simply want to live in a quieter area, there are many benefits of living in a 55+ community. Some of the more notable ones include a low monthly home maintenance fee, access to health care services, and a variety of amenities to help you live more independently. These communities are designed with your retirement in mind, offering everything from swimming pools to golf courses, and social events to help you make friends.
For some, the benefits of living in a 55+ community may be just what the doctor ordered. In fact, the U.S. Census Bureau reports that the older adult population has grown by 34 percent in the last decade. The population of older adults is also expected to rise by 20 percent by 2026. Moreover, older adults are more likely to live longer, which makes them a prime candidate for 55+ communities.
Close proximity to a hospital
Despite a number of snobs in the know, a visit to the local retirement destination will reveal several new residents. It’s been a long time since the last batch of seniors rolled through the door. Besides savoring their golden years, it’s a good time to take stock of their accomplishments and reminisce about the good ol’ days. There’s nothing like an earful of good ol’ fashion schmoozes to lighten the mood. The next best thing to partake in is an enticing dinner at the local steakhouse. The rest of the evening can be spent on a round of golf. After the last tee, it’s off to the local wine bar for a well-deserved glass of vino and a few beers.
Low-maintenance exteriors
Whether you are an active adult or a baby boomer, low-maintenance exteriors are a major benefit of 55+ communities. These homes have exteriors that are typically maintained by a home owners association. These associations collect dues from residents and use the money to cover community expenses.
A major advantage of low-maintenance exteriors is that homeowners do not have to worry about yard work or home repairs. These communities make it easier to enjoy retirement by not having to worry about these chores.
Aside from low-maintenance exteriors, active adult communities also offer a variety of amenities. Some include swimming pools, golf courses, and clubhouses. These facilities promote socialization and shared interests. They can also be helpful in arranging group outings.
Sense of community
Sense of community is a definite benefit of living in a 55+ community. Not only do you get to know your neighbors, but you also get to take part in group activities and give back to your community. In addition, living in a community is often much more affordable than living in a traditional home.
It is a good idea to consider your lifestyle when looking at these communities. If you enjoy traveling, you may be able to find a community that allows you to go on excursions and vacations, while still ensuring that you remain healthy and safe. The community may also offer activities to suit your interests, such as art studios, golf courses, and other recreational facilities.