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The Value Of Senior Living

The Value Of Senior Living

There’s so much focus on the cost of senior living – rightly so because it’s not inexpensive – but what’s often overlooked is the value that comes with the price. From the care to the accommodations and amenities to the opportunities for connection and enrichment that may not be available at home, we’ll detail all that’s included and how it compares to the true cost of living at home. 

The Value Behind The Price

One important benefit is that senior living communities like ours offer a continuum of care. The cost is less expensive initially yet typically increases as more care is needed. This gives you budget flexibility as many seniors are now able to enjoy the benefits of independent living while perfectly healthy, yet have peace of mind for the future. As your health needs evolve, having multiple levels of care on the same campus means you’ll still be able to stay in familiar surroundings and maintain continuity of care which can be invaluable.

But whether you’re in independent living, assisted living or memory care, you’ll find that your monthly fee includes not only housing, but also dining options, housekeeping, laundry and home maintenance.  Transportation and even concierge services are also an additional option. Beyond the convenience this gives you freedom to spend your days doing what you want, when you want instead of being tied to these daily responsibilities at home.

What will you do with all that free time? Senior living also comes with a monthly calendar of social activities and outings, educational and enrichment programs, fitness classes and even volunteer opportunities. Our ever-changing calendar includes:

  • Classes – Cooking, Crafts, Painting, Poetry
  • Outings – Restaurants, Movies, Events, Shopping
  • Clubs – Red Hat Society, Men’s Club
  • Special Events – Live Entertainment, Antique Car Show, Pet Visits
  • Pampering – Manicures, Facials, Aromatherapy, Hand Massages
  • Fitness – Sit & B-Fit Classes, Yoga, Water Aerobics
  • Games – Bingo, Trivia, Wii Bowling, Balloon Volleyball, Karaoke, Puzzles, Brain Games
  • Socials – Birthday Celebrations, Sunday Sing-a-Longs, Seasonal Treats
  • Church Services and Bible Studies
  • Cognitive Enrichment – Reminisce Corner, Sensory and Music Activities

Located at the foot of the Blue Ridge Mountains in Virginia our campus also offers ample natural beauty to enjoy plus amenities such as a pool, fitness center, onsite beauty salon and library with resident business center as well as personal garden areas and fishing in two lakes. And it’s all right outside your door, who can say that at home?

How Senior Living Compares To Home

Most people assume that aging at home will cost much less than senior living. But, be sure that you’re looking at the total cost of living at home which includes more than just your mortgage or rent!  The true cost also includes your monthly food, utilities, home maintenance, property taxes and entertainment costs. Why? Remember, these things are typically included in the monthly cost of senior living.

You might also have to spend money for home modifications such as adding handrails and wheelchair and/or making doorways wider which could cost you thousands. On the other hand, senior living communities are designed specifically with these features plus emergency alert systems as standard.

And don’t forget those unexpected expenses that come with home ownership, particularly if your house is older, like replacing the HVAC, roof, hot water heater and other maintenance costs.

After budgeting for all of this, senior living could actually cost less than aging at home! 

Added Value At Richfield Senior Living

Our community adds even more value because we differ from other CCRCs, which also offer a continuum of care, in that we follow a rental model. That means there is no large upfront (‘buy-in’) fee to move here and you’re not locked into a permanent contract. Instead, you pay for only what you need so you have more even more budget flexibility for your future. Plus, as a not-for-profit community, the investment you make to live here comes right back, not into shareholders’ pockets. Rather, our profits go toward improving the care, programs and services our residents receive and we are committed to being a good steward of your investment.

Learn more by downloading our Dollars and Sense Financial Guide to Senior Living below, or use the formRichfield today to schedule a virtual tour.

Download our Dollars and Sense Financial Guide to Senior Living

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