Q:

How do you find a good retirement village?

A:

Quick Answer

Individuals must consider overall cost, location, access to medical care and community features to find a retirement village that meets their needs and their budgets. Retirees should take the time to visit several communities so they can make an informed decision.

Continue Reading
How do you find a good retirement village?
Credit: Portra Images Taxi Getty Images

Full Answer

Initial costs, annual fees or membership dues, taxes, and other charges associated with living in a neighborhood must be considered when individuals compare retirement communities. Costs associated with storing a boat or recreational vehicle must also be accounted for if space is not included.

Location plays a significant role in the cost of living, but a costlier community in a walkable city with good public transit may even out with a village in a car-dependent location. Individuals who relocate to an area with a different climate may need to take time to acclimate before becoming full-time residents. If they are considering relocating, retirees must also consider travel distances to visit with family and friends.

Quick access to quality medical care becomes increasingly important as a person progresses in age. A good retirement village typically has nearby hospitals and doctors' offices, and often arranges in-home health visits. Opportunities for residents to exercise, interact and improve their overall well-being are also important characteristics of a good community.

Learn more about Older Adults

Related Questions

Explore