Madison 55+ Communities
After you’ve worked hard all of your life, you may be looking toward slowing things down a bit during retirement. Senior living communities provide a sense of enjoyment and leisure because they assume some of the responsibilities that make homeownership a chore. You will have less worry over shoveling snow, lawn care, and home maintenance. This gives you more hours in the day to pursue activities that you truly enjoy.
Madison offers more than 20 senior residential communities. Art and culture abounds in Madison and many of the events are free to the public or have senior discounts.
Planning for 55+ Living Costs
Senior living in Madison is readily available and highly affordable. Seniors can expect to pay an average rent of $1143 to rent an apartment within 10 miles of Madison, as of December, 2015. Rent for a one-bedroom apartment is about $988, and a two-bedroom apartment costs about $1208. Rent will be less expensive in the Heistand, Marquette, and High Crossing neighborhoods. Expect to pay slightly higher rents around the state capitol, South Campus, and High Crossing areas. You’ll also pay a bit more in senior communities where they offer multiple amenities.
Managing Finances for 55+ Senior Living
The best news about senior living in Madison is that if you can afford to live there prior to retirement, you can easily afford to live there post-retirement. Many of your expenses will not change. Rather than paying for home repairs and maintenance separately, some of these costs will be contained in your lease or homeowner association fees. The senior living complex may also include some of the utilities. Ask about things like internet service and television expenses. They may also include meals and laundry services. However, be sure that you budget for all of your living expenses even when the senior community incorporates them into your monthly payments.
Senior Community Living in Madison
Madison is uniquely situated on an isthmus between Lake Monona and Lake Mendota. This means that it is easy to access the benefits of city and country living within the same general area. Brookdale Madison West and BrightStar Senior Living were rated Best of 2016 by SeniorAdvisor.com
Madison offers 30 miles of paved trails that are well-lit and walkable all year round. Public transportation offers discounts for senior commuters. Livability consistently rates Madison as one of the top 100 places to live.
Basic Living Expectations for Senior Living in Madison
Don’t be discouraged by what appears to be a high monthly payment. You may find that some of your repairs, maintenance fees, and utilities are included in your fees. Find out which utilities you will be responsible for and factor them into your monthly budget. Decide if you will need a telephone and if you want an internet or television service. Some senior communities offer common spaces for public television viewing or community movie nights.
Choosing a Community with Amenities
Senior communities in Madison were designed in keeping with the amenities that most seniors want. This means that you might find amenities like work-out rooms, indoor swimming pools, dog parks, and parking garages.
Many of the senior communities also offer art classes, computer classes, financial planning workshops, lectures, and other enrichment activities. When doing your search, ask about group transportation to some of the free museums or other local attractions. Madison has a rich, artistic culture and you may be able to get senior discounts for opera and orchestra performances.
Finding the Perfect Senior Living Community in Madison
Find great senior communities like The Gardens on the near west side, Coventry Village on the west, and Brookdale Madison to the north. Most senior communities provide a Senior Living Advisor to help you find the community that fits the bill for your every need and want.
Regardless of which part of the city you choose, you can easily get to medical appointments, stores, and fun activities using group transportation or public transportation.
Madison has three more lakes, in addition to Lake Monona and Lake Mendota, for active seniors who enjoy fishing, canoeing, and hiking.
Senior Living Beyond Age 55
Your needs may change as you age, so try to think about how you want to live once your health begins to decline. Many senior living communities offer arrangements that allow seniors to live independently or semi-independently into the later years. In doing your research, find out what services are offered if you should need in-home assistance or assisted living services without having to change locations. Also find out whether the community offers on-site nursing care in case you need it late in life.
Learn more about Madison Senior Living here:
Find assisted living in Madison near you.