Lexington 55+ Communities
The rolling hills of Kentucky are quite a place to live. 55+ communities offer convenience and service when you get older. This gives you more time to spend doing the things that you are passionate about. You have the security of knowing that help is there when you need it.
The Lafayette offers residents a choice of three different accommodation sizes and 16 floor plans! This makes it easy to find something that is suitable for you and any special needs you might have. Fitness classes and access to top notch medical care whenever needed make The Lafayette a good choice for those that want comfort and peace of mind.
Hartland Hills is close to many attractions such as The Lexington Opera House, Keeneland Race Track, and Boone Station Historic Park. The many social activities will help you make friends in no time at all.
Kentucky Retirement Lifestyle Costs
The type of lifestyle you want to live is of course going to determine the ultimate level of cost that you pay. There may be ways to cut expenses without having too large of an impact on your lifestyle choices. For example, if you still like to cook some of your own meals then you wouldn’t have to pay as much for food service.
The average cost of a one-bedroom basic apartment in Lexington is $642 and two-bedrooms average $784. This is fairly low for living within a city of this size.
Independent living in Lexington, Kentucky costs vary greatly. Expenses can be higher based on your level of independence. Rates for more luxurious accommodation can be substantially higher. This cost includes rent, utilities, meals, some transportation, and your housekeeping.
SeniorAdvisor has detailed information about the independent living communities in Lexington and the surrounding area. The site makes it possible to do a lot of research online and narrow your choices down to a set number of communities that you want to visit.
The Financial Side Of A Lifestyle Change
Getting your financial outlook in order might not be your idea of a fun process, but it is necessary to know how you plan to pay for a 55+ community. Insurances, government aid and attendant programs do not cover this type of retirement expense.
Having your healthcare covered by insurance can help reduce your overall expenses. However, be sure to calculate these potential expenses into your future budget.
Selling your home is never an easy decision to make. This might be something you should discuss with a financial advisor and your immediate family. It is ultimately your decision unless someone is in charge of your estate already. The selling of a home is not always the best option. Renting out a valuable home and using this money combined with a retirement plan or fund could offer a better long term option.
Getting To Know The New Neighborhood
Moving to a new place is a big lifestyle change. The longer you have lived in a single location, the harder it can be to move. Many people choose a 55+ community that is close to the area or directly in the area they currently live in. If you have children and grandchildren in other areas, then you might want to look for a community that is close to them so you can spend more time together and offer one another support.
Moving to a 55+ community may involve reducing the amount of possessions you own. Many people choose to give family mementoes and pictures to family members who will cherish them. If you have filled a home with many things, it can be a very overwhelming to perform such a drastic reduction. Getting some help from a friend or family member is advisable. Donations to non-profits are tax deductible and some organizations will even pick up items.
Examining The Various Price Points
A schedule of prices and fees for a community should be available. Some fees may only be applicable when you first move in while others may be ongoing. Carefully examine the different price schedules. You may find that stepping up to a higher level of service is well worth the cost. Cooking your own meals or not having a private space to enjoy your lifestyle over the years may significantly decrease your quality of life.
Talking It Over With Family
The decision to move to an independent living community is something that impacts you and your loved ones. Many parents talk to their children about this important step well before it is time. Planning the transition from your home to a community will make it easier for everyone. When decisions are made with thought and consideration, they are more likely to be decisions that you won’t regret down the road.
Learn more about Lexington Senior Living here:
Find assisted living in Lexington near you.