Retirement Communities

A retirement community is simply a housing complex or a living facility for older adults. Some retirement communities have residents who can care for themselves, while others have residents who need assistance with daily chores and activities.

Most retirement living communities are age-restricted and require the residents to be retired (either partially or fully). They don’t provide advanced care services like a nursing home.

Retirement Communities

There are several types of retirement communities. Here are the most popular ones:

  • Assisted Living Communities: Senior housing where residents get assistance with activities of daily living.
  • Independent Living Communities: This is a community for active adults who can take care of themselves. They offer amenities like pools, gyms, clubhouses, etc. and freedom from household chores like cleaning, housekeeping, laundry, etc.
  • Continuing Care Retirement Communities: These are residential complexes for older adults that offer three services within the same community – a private apartment or a cottage, residential amenities, and long-term care services.
  • Lifestyle Oriented Retirement Communities: Active adult communities based on a particular lifestyle. E.g., golf retirement communities, resort retirement communities, faith-based retirement communities, etc. These communities allow the residents to enjoy their retirement while living a particular lifestyle (E.g., Residents of ‘The Villages’ community in Florida get to play free golf for life on their golf courses).

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