Shortly after retirement, many are faced with making the decision to stay in their homes or move to an apartment. Chances are you will ask yourself these questions What is best for my pocketbook? What is best for my family? and How do I be sure I make the right decision? These are all valid questions.
If you think about the fact that homeowners spend more than 30% of their income on housing, you know that owning a home can get expensive. (especially, if you are on a fixed income) When you move to an all inclusive senior living community bills like food, cable TV, home maintenance fees and others homeowner expenses no longer exist. Getting rid of your home frees up money to spend elsewhere on things like travel and spending time doing things with the people you love.
Take a look at the chart above about the breakdown of the cost of senior living in Alpharetta, Georgia: Owning a home vs living in an all inclusive senior living community and weigh out your options. If you have any questions, check out our all inclusive senior living community website or give us a call and we would be happy to help you.