Essential Retirement Planning for Solo Agers by Sara Geber

Author:Sara Geber [Sara Zeff Geber, PhD]
Language: eng
Format: epub
ISBN: 9781633537699
Publisher: Mango Media
Published: 2018-03-11T14:19:13+00:00

Other than the largest ones, most of these age-restricted communities have no on-site health care, but are often located close to major hospitals and/or health centers. One of the compelling features of selling a home and relocating to a planned older-adult community is the reduction of maintenance responsibilities. In most cases, the monthly fees cover yard maintenance, exterior repairs, and upkeep of all common areas. These kinds of communities are mostly corporate run and managed, with homeowners having little direct say in how things are done and who does them. However, most retirement communities have resident councils or boards, and they can bring significant pressure to bear on management when a repair or upgrade is warranted.

Retirement communities can be an excellent choice for those who are looking forward to giving up home maintenance responsibilities and are looking for an environment in which they can make new friends and participate in organized activities.

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