age range for residents are retirement community
Assisted Living Communities: Residents live in their own apartments, but have the benefit of an on-site staff, meal service in communal dining spaces, and planned activities and outings. Some assisted living communities also offer access to nurses and daily living assistance. Continuing care retirement communities face a unique set of challenges and issues due to their unique fee structure and the way in which healthcare is provided. Following are some of the more important examples: They also have investments of around $500,000, and monthly income from Social Security, pensions and investments of $8,000. The unit that they are looking at has an entrance fee of $600,000, and they will probably spend another $75,000 to $100,000 for improvements and moving expenses. Continuing care retirement communities are an attractive option for a growing number of the independent elderly U.S. population, but the structure and services offered at each CCRC can vary widely. On average, residents can expect to spend 70% to 80 % of their lifetime at a CCRC in the independent living level of care (ILU), 10% to 20% in the assisted living level of care (ALU), and 10% to 20% in the skilled nursing level of care (SNF). Issues facing CCRCs. Housing services typically include personal care, such as bathing and dressing and administering medicine, along with dining and housekeeping. In addition, many buildings incorporate over 50 design features, such as safe wandering paths and color coded areas to help with way-finding. A mature CCRC (over 10 years old) will have an independent living population with an average age of between 85 and 87. Both singles and couples enter all CCRCs. The percentage of couples at entry can range from as low as 10% to as high as 70%. SRES designees can consult with you to make the best over 50 housing choice for you or your loved one. The can also work with you to anticipate care needs as you age to ensure that today's housing choice will serve you well tomorrow. Weighing the Options. Choosing the appropriate over 50 living arrangement is challenging not only because it entails an emotional dimension, but also because of the complex issues you need to weigh, such as cost, location, services, amenities, activities, and current and future care needs. The ages at entry of residents who enter CCRCs typically range from 65 to 95. In the last 20 years, average entry ages have increased from the mid 70s to the lower 80s. Today, average ages at entry are generally in the 80 to 83 range, but this can vary from community to community.
65 to 95