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Life Plan Communities: What You Should Know

If you’re an active senior, the decision about whether or not to move to a senior living community can be overwhelming, especially when there are so many options. It’s important to understand what each option offers.

Here’s a closer look at each one.

Aging in Place

Many people feel they want to stay in their own homes for as long as possible.  However, aging in place may not be a realistic option for those who face health concerns down the road, or may reach a point in their lives when they no longer want or are no longer able to contend with attending to home maintenance. Without adequate planning and support, a medical or home repair emergency could present a significant financial burden or other problematic outcomes.   

Rental Communities

Of all your options, moving into a rental community has the lowest entry cost.  You sign a lease, pay a security deposit, possibly some community fees and move in.  Some senior rental communities may partner with area organizations that offer higher care, but they are not required to provide you with any health care or any guidance. Any healthcare services or long-term care you might ever need are not included in your rental cost.

Life Plan Communities

Life Plan communities, also known as Continuing Care Retirement Communities (CCRCs) provide the security of having a plan in place for any future health care needs that might arise. Residents live independently while enjoying life with peace of mind, knowing if they ever need care, they’ll have it.  Most CCRCs offer multiple service levels: independent living, assisted living, and skilled nursing, all available if you need them. 

Choosing to move to a Life Plan community is a proactive move for seniors who are independent today, thinking ahead to be prepared for whatever the future might bring.

 

Click below to hear from Kim Ali, JKV’s Vice President of Sales & Marketing, and learn more about what a Life Plan community offers.

 

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Why Choose a Life Plan Community?

When you choose to move to a Life Plan community, you are given a Life Care agreement — a contract that assures that your health care costs for assisted living or skilled nursing, should you ever need them down the road, will already be covered.  It’s an important financial decision that enables you to put a plan in place, allowing you to make decisions for yourself, without leaving potentially big decisions up to someone else to make on your behalf.  It alleviates concerns like, “Who will care for me if I’m ever unable to care for myself?”, “What will that cost?”, and “Where will I live?”  A Life Care agreement gives you the peace of mind to avoid you, or your family, needing to make decisions in a crisis situation, when your options may not be optimal.

Why Now?

The decision to move is a big one, and a personal one at that.  Moving into a life plan community while you still qualify to do so can secure your future and protect your wealth in a way that aging in place, and traditional senior living communities cannot.  It is an investment in yourself, and one that ensures that you have a plan in place, regardless of possible future health care needs. 

 

About John Knox Village

For nearly 60 years, John Knox Village of Pompano Beach, Florida has set the standard for all-inclusive, resort-style retirement living. Residents enjoy world-class fitness programs, state-of-the-art amenities, nutritious dining, and a vibrant calendar of activities designed to promote total well-being.

JKV also offers peace of mind with on-campus healthcare, 24/7 security, and no time or financial limits on long-term care benefits — a hallmark of its Life Plan contract.

Ready to Make Your Move?

At JKV, starting your next chapter doesn’t have to be overwhelming. Residents experience a smooth, stress-free transition and begin enjoying all that JKV has to offer right away.

To learn more about living at John Knox Village or to schedule a personal visit, contact our team today or call (954) 783-4040.