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Independent senior living communities are the least expensive of the three primary senior living options. Monthly costs vary significantly by community type, size of apartment, location and services offered. The average total cost for a U.S. one bedroom independent senior living apartment is $2,750 per month.
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 ...
Independent senior living differs from continuing care communities, which offer independent living along with multiple other levels of care, such as assisted living and skilled nursing, in one single residence. [8] A retirement home is a multi-residence housing facility intended for the elderly.
7 mortgage options for seniors There are plenty of home loan options available to retirees or seniors — mostly the same as for anyone, with one exception. Here are seven to consider:
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