Have you ever driven by a senior living community and wondered just how much it actually costs to live there? Or, perhaps you know a friend who has moved into a senior living community and you secretly wonder how they afford it? It’s common to be curious about the cost of senior living in Tinton Falls and the surrounding Monmouth County area. However, chances are that you would be pleasantly surprised if you realized the financial commitment associated with retiring in a senior community.
Senior living communities feature more than just a spacious apartment. The amenities, ranging from planned activities and transportation to gourmet meals served in a restaurant-style dining room, are included in the monthly fees. Though each community charges a different amount for their monthly fee, you can probably afford it much more easily than you might think.
In order to gauge whether or not senior living is financially feasible for you, you must consider your current monthly costs for living at home. Begin by starting with your mortgage and real estate taxes. Then, add the money you spend on utilities, household maintenance, Wi-Fi, and other expenses. Finally, add up the money you spend on transportation services, grocery shopping, and activities such as grabbing dinner with your friends.
Each of these payments contributes to your overall monthly or yearly budget. If you didn’t have to pay for those services, you could instead use that money to retire to a senior living community.
When you choose to live in a senior community, you benefit from more than just a beautiful apartment that is much easier to maintain than a sprawling home. You also get to enjoy the amenities that are included in your monthly rent.
Amenities vary from community to community, but most exceptional communities offer everything from concierge services to housekeeping, as well as wellness support in the form of on-site exercise classes, health fairs, or physician’s office hours. In addition, residents can enjoy chef-prepared meals with their neighbors in the dining room. Finally, your monthly service fee allows you access to a variety of events, concerts, activities, and trips, all with transportation included.
Here in Tinton Falls, you can choose from a variety of retirement options. Independent living communities serve seniors who are seeking socialization and amenities but who do not need additional assistance from round-the-clock caregivers. Assisted living communities offer resort-style amenities and wellness support coupled with the peace of mind that comes from having helpful and friendly caregivers right down the hall. If you or your loved one has been diagnosed with Alzheimer’s disease or another type of dementia, a dementia care neighborhood offers even more specialized care that’s tailored to cognitive loss.
When you search for a community, you can become overwhelmed by the choices. However, you can tell that a community might be right for you when you find:
A friendly and helpful team
Chef-prepared meals served in a social dining room
A program designed to help people who face special challenges still enjoy delicious meals with dignity
An activity calendar full of events, lectures, and hobby clubs
Active involvement and inclusion of family and friends
Outdoor grounds that are inviting and beautiful
Spacious apartments
At Arbor Terrace Shrewsbury, we offer two senior living options on one campus: assisted living and dementia care. Our residents enjoy first-class amenities and assistance at an affordable rate. Call us today to learn more about what makes our community so special.
If you are ready to determine whether you can afford senior living, visit our cost calculator to compare your current living costs with assisted living fees.