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The community consists of 76 neighborhoods in two specific areas named Viera East (38) and Viera West (38). Included are five active adult communities/55+, Brennity at Melbourne, Bridgewater at Viera, Viera Manor and Heritage Isle, Grand Isle, along with a military retirement community, Indian River Colony Club. [4]
The Financial Risks of Retiring in a 55+ Community. Hanna Horvath. February 24, 2024 at 10:00 AM. Johnny Greig / Getty Images.
Even if you can afford to live in a 55-plus community, additional fees will have a way of eating into your retirement budget. For example, amenities can total roughly $200 a month, meaning an ...
An age-restricted community is a residential community, often gated, that legally discriminates on the basis of age to limit residency to a majority fraction of older individuals—typically 80% over a set age. The minimum age is frequently set at 55 years old, but it can vary.
[28] These communities attract those over 55 who want to be in communities of like-minded individuals from the same ethnic background (for example, Aegis Living for Asian-Americans in Fremont, California or first-generation Indian immigrants (55-and-over) in Tavares, Florida, in the Greater Orlando area, Lake County, Florida), sexual ...
The Viera West location is the eighth for Community Credit Union of Florida, which celebrated its 70th anniversary in August. Community Credit Union of Florida opens branch, lending center in ...