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Age-qualified communities, also known as 55+ communities, active adult communities, lifestyle communities, or retirement communities, are often planned communities that offer homes and community features that are attractive to 55+ adults. These might include a clubhouse or lifestyle center with a good many activities, sometimes with indoor and ...
Furthermore, most communities stipulate that if anyone under the age of 55 resides in their community, they must live in a household where at least one occupant is 55 or older. Nearly all age-restricted and active adult communities allow people under the age minimum, such as grandchildren, to visit and stay on a limited basis.
Laguna Woods Village is an age-restricted community for people aged 55 and over in Laguna Woods, California. It is the largest and most populous of the five similar communities in the city. [1] The village, formerly known as Rossmoor-Leisure World, was developed by Ross Cortese, a former fruit stand owner turned retirement community developer. [2]
The most infamous 55-plus community, Central Florida’s The Villages, is the world’s largest at roughly 32 square miles — an area larger than San Francisco.
Some communities are tied to an adjoining, apartment-style independent senior living community. Residents may have the option to rent or buy. Continuing Care: Communities that provide access to independent living communities, as well as assisted living and skilled nursing. Residents can transfer among levels of care as needs change.
A standard rule-of-thumb says you have a good chance of making your savings last 30 years if you take 4% out in year one of retirement and adjust up for inflation annually.
State regulators set zero-emission rules to clean up the air around ports and rail yards. But clean air in California has always been a Sisyphean goal. Opinion: If California's regulations are so ...
By 2011, niche retirement communities or "niche senior communities' - known as "affinity retirement communities" by industry professionals - [29] had become "one of the biggest trends in retirement living." [28] These communities attract those over 55 who want to be in communities of like-minded individuals from the same ethnic background (for ...