A lot of people think that moving to a retirement community will be more expensive than staying in their home, especially if the mortgage is paid off. This, however, is often not the case. In addition many of the services and amenities that are included in a retirement community package are free-of-charge and can make a very positive impact on your health, wellness, and overall happiness. These would include wellness programs for the mind, body and spirit, seminars, social gatherings, clubs, on-site healthcare staff, transportation, dining options, home maintenance, housekeeping, security, emergency call systems, etc. We invite you to take a few minutes and try our easy-to-use cost comparison calculator so you have the real facts to make an informed decision.
Take a moment to use this convenient cost comparison calculator to help you or a loved one determine the potential savings of an all-inclusive move to the Retirement Community.
You can create a simple comparison in minutes by inputting your current monthly expenses including:
- Housing expenses
- House maintenance
Get started to see what a value and convenience a move to the Retirement Community can be!
Your home is a valuable asset. But, by owning your home, your equity is tied down and cannot be used for further investment and/or revenue. This is an opportunity cost that is lost. By releasing the equity through the sale of your home, you are able to create financial options with immediate returns on investment.
Opportunity cost assumes a 7.5% return on the equity invested in a home. Example: Assume 7.5% return on a $100,000 less 10% closing costs. $100,000 - $10,000 (10% closing cost) = $90,000. $90,000 × 7.5% return rate = $6,750. $6,750 annual return / 12 months = $563.50 per month pent up equity.
By living at the , you'll save versus living at homeLiving at home saves you - compared to living at .
In addition, when you move into the you will also receive the following benefits and conveniences:
- transportation to local stores, the symphony, opera, local churches and locations around the Hyde Park area.
- save time and money by not having to do the yard work or house repairs.
- spend less time cooking and enjoy meals provided by our excellent dining team.
- save your energy by allowing our housekeeping staff to clean your home and linens.
- access to stimulating and fun activities including wellness facilities and staff.
|Current Monthly Expenses
Request a tour, come in for lunch, or stay overnight to experience what life is like at . Call at .
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