The benefits of independent living are numerous, but it can be difficult to discern which features are worth the cost. Here are some things you should consider before making a decision to move to independent living communities in Forest Hill, TX.
What is Independent Living
Independent living is an option for older adults who want to maintain their independence but can no longer live on their own. The key difference between independent living and assisted living is the level of care provided. In independent living communities, residents typically offer their daily needs, such as meals, housekeeping services, and transportation. Because of this self-sufficiency, independent living tends to be less expensive than assisted living—but it’s not always the case!
Difference Between Cost and Value
Cost refers to what something costs you, while value refers to what that same thing is worth. For example, if you buy a house for $1 million dollars, the cost is the amount of money that you’ve spent on it. However, if that house is located in an area where homes are selling for $5 million dollars (or more), then your property has increased in value—it’s worth more than what you paid for it.
This same principle applies to living independently as well. When you are considering moving into an independent living community, there are several factors involved—and most people will want to know whether or not something is worth its cost before they commit themselves financially. But when it comes down to it, sometimes the best way to decide if something is valuable enough for your needs is by considering its value instead of its cost.
Factors that Contribute to Cost and Value
Several things contribute to your monthly rent at an independent living community. Here are some of them:
- Location
- Amenities
- Services
Is It Worth Paying For Location?
As with other properties, the better a location, the higher the price. It’s important to know that you can live independently, but choosing a location that is convenient for you and makes you feel safe is also essential. If it was a more expensive location but makes you feel safe and comfortable, we believe it is worth the cost as it is of high value and importance. The vice versa applies if you feel uncomfortable in the location, then it will not be a happy life and thus be of low value.
Is it Worth Paying for Amenities?
A retirement community’s amenities can also be an essential part of choosing where to live. Amenities are the things that make a community more than just a place to live—they’re the perks and comforts that make it feel like home. For example, some communities offer on-site pools, gyms, hot tubs, saunas, movie theaters, or other entertainment options. Others may have special transportation services available only to residents. These services are great for meeting your needs as an independent resident without having to go out into the world and find them yourself (and can even help you save money).
For many people who live independently at home or in retirement communities, amenities like these can make all the difference between feeling like they’re getting a good value for their money versus not getting enough out of what they pay each month for rent or fees.
Is it Worth Paying for Services?
A wide range of services can be provided to older adults, including health care, personal care and assistance with daily tasks (e.g., bathing and dressing), transportation, lawn care or snow removal, cleaning services, and cooking assistance. If you require assistance for these services and your community provides it, it is definitely of a higher value.
With the Right Choices, Independent Living Can Be a Great Value
Independent living is a great value and can tremendously contribute to the increasing quality of your life. It’s an excellent option for older adults who want to own independently while still getting the support they need when needed. Contact us today to learn more about how senior active independent living can be a good investment for you.
