If you are in the beginning stages of seeking senior housing options, you may be curious about how you can finance these services. Although moving into a senior living community is typically regarded as an excellent choice for retirement, financing options continue to be a major concern for many.
Topics: Finances & Budgeting
The modern retirement age is shifting and changing the way many are planning for retirement. While the vision may be similar, the average retirement age is gradually increasing from 65 to 67 years old for those born after 1959, and your options are different.
Senior living is an evolving industry with a lot of significant and worthwhile changes. As communities like HarborChase Senior Living grow, so do the amenities and luxuries offered. Senior living apartments are increasing in popularity and style, and the good news is that the price of these apartments may become more affordable to all. While some seniors may not be able to afford the luxurious lifestyle fully, that may soon change with an upcoming trend - shared living. Shared living doesn't only help with the cost; it may help you more in the long run than you may think.
Older adults mostly fantasize of aging in the comforts of their own homes. Most will eventually realize it means feeling isolated and anxious in a house that likely needs more work than your loved one can physically handle or afford. Most seniors are careful with their budgets, but it’s important to ensure they are getting a valuable experience for their investment. At HarborChase, we believe in making senior living a unique experience that each individual can customize to fit their lifestyle.
At HarborChase, we value our residents, and love to share helpful information with them to improve their quality of life! In recent years, the popularity of senior scams is on the rise, and many older adults are being targeted and taken advantage of. With the risk of being scammed increasing, it is essential to work with your loved one to identify and avoid popular scams.
We want to highlight three popular scams that target seniors and pose a threat to their property, finances, or well-being. Be sure to share these scams with the senior in your life so they can stay informed and keep an eye out for these fraudulent schemes!