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Financial Benefits of Senior Living

May 26, 2022|Finance & Planning

Smiling female senior reading a paper sitting on a couch

Unlocking the Value: Exploring the Financial Benefits of Senior Living Communities

As our parents age, one of the biggest concerns for families is understanding the cost of senior living and what it covers. Many families even find that the cost of senior living is more affordable when compared to the cost of in-home care.

Choosing where to live during your retirement years is a multilayered financial decision. Aging in place in your current home means dealing with the burden of home maintenance and the uncertainty of rising property taxes and utility costs. It can also mean that you’ll need to make expensive modifications to make living arrangements safe. Not only are the costs of property maintenance and upgrades something to consider, but health care needs may change, and you’ll want a cost-effective plan in place should this happen.

Mindful of the rising costs of living, senior living communities are providing a solution for seniors to enjoy a worry-free retirement. Imagine living in a maintenance-free senior living community with predictable, affordable monthly rent. As the costs of inflation – including the price of groceries, utilities and fueling a car – continue to rise, a move to a Hawthorn Senior Living community saves you money and brings you the security of all-inclusive pricing.

Worry-Free Lifestyle

At Hawthorn Senior Living, older adults can enjoy a vibrant lifestyle alongside personalized amenities and services that encourage multidimensional wellness. Our communities offer seniors the opportunity to enjoy the benefits of living in an active and vibrant environment while maintaining financial independence and security.

We take care of the stress that comes with owning a home so that residents are only responsible for their monthly rent and any additional services they need or have chosen. Not only does this simplify seniors’ finances, but it can also provide peace of mind.

What’s Included?

At Hawthorn communities, our month-to-month rent provides peace of mind, as residents know there won’t be any unexpected expenses. Most communities also include:

  • Electricity, gas, water and sewer
  • Local transportation
  • Basic cable
  • Three chef-prepared meals daily
  • Caring live-in managers
  • Planned activities and special events
  • Weekly housekeeping and linen service

Spend Your Days the Way You Want

Our daily exercise programs focus on your physical fitness, enhancing your balance and coordination, improving your strength and enriching your independent lifestyle. Intellectual and cultural activities like art projects, writing classes and discussion groups offer stimulating socialization and help you get in touch with your creative side. And, for the days where you simply want to bask in your own company, there are plenty of spaces for you to indulge in a book, take a stroll around campus or lose yourself in a new hobby.

Normally these activities would cost money for a senior still living in their own home, but at a Hawthorn community, these activities are part of the monthly rent.

Let Us Help – Contact Us Today

At Hawthorn Senior Living, we offer a variety of specialized services and activities designed for residents at all stages of life. Not only will our team help you find the right services to best suit you or your loved one’s needs, but they’ll also break down the cost with you so that you feel more comfortable and confident. Let us be a trusted source in your retirement journey. Contact us today!

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